Antitrust in the Global Era

This book examines the interface between global trade liberalization on the one hand, and competition policy on the other. Issues of market access, merger control, and hard-core cartels are pressing. Such issues raise fundamental questions about the nature of competition law and its role in society. What are its objectives? How does it evolve to accommodate changes in prevailing ideology, how does it reflect local tradition, and how is it legitimated? These questions are addressed in the context of a comparison between the two leading models of competition law: those of the US and the EU. They form the framework within which the practical problems of antitrust in the global era can be considered, and solutions can be proposed.