Antitrust Bulletin articles from September 2003

Antitrust Bulletin archives from September 2003

Capitalist politicians, socialist bureaucrats? legends of government planning from Japan.
September 22, 2003... Something is wrong with this picture. Japanese voters elected capitalist politicians, yet those politicians hired bureaucrats who implemented a nearly socialist industrial policy. Japanese voters endorsed a half-century of what historian John...

Antitrust as extraterritorial regulatory policy.
September 22, 2003... I. Introduction This article addresses a problem of antitrust policy and deregulation that is just beginning to emerge: the extraterritorial application of United States antitrust law to foreign public utilities and common carriers....

Industrial policy and extraterritoriality in international antitrust: a lesson from Europe.(response to articles in this issue, p. 595, 629)
September 22, 2003... Both articles presented in this session were interesting for different Reasons. (1) They undoubtedly cover the international dimension of industrial policy from different perspectives (U.S. and Japanese) and the approach taken by the authors...

Passion, exaggeration, and importance: comments on Japanese industrial policy and American extraterritorial antitrust.(response to articles in this issue, p. 595, 629)
September 22, 2003... When Dean Thomas Sullivan asks, you accept. In part that's because his has been such an extraordinary career; in part that's because he has performed so many services for such a wide array of people; in part that's simply because you've learned...

The deterrent effects of national anticartel laws: evidence from the international vitamins cartel.
September 22, 2003... I. Introduction During the 1990s the European Commission and the United States Department of Justice between them prosecuted over 40 cartels that involved private firms and whose effects went beyond national borders. These private...

European union competition law and policy: how much latitude for convergence with the United States?
September 22, 2003... I. Introduction: the assertions of convergence and the task of evaluating them European Union (EU) Competition Commissioner Mario Monti has repeatedly raised the prospect of a convergence of EU competition law toward the substantive...

Portfolio effects in EC merger law.
September 22, 2003... I. Introduction Conglomerate mergers can give rise to portfolio power, the effects of which can be anticompetitive. Although the European Commission, in analyzing the effects of mergers, has applied the principle of portfolio power for...

Are efficient antitrust rules always optimal?
September 22, 2003... Professors Gifford and Kudrle make a number of interesting and useful points. Their comparison of antitrust policy in the U.S. and the EU through the lens of four strands of policy--producer protection, rivalry, consumer surplus maximization,...