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Abstract

Recent pronouncements of the courts and policymakers of the European Community and the United States underscore converging trends and standards in antitrust enforcement. Economic regulators on both sides of the Atlantic seek more vigorous enforcement abroad in order to make their antitrust laws meaningful and effective at home. Yet this movement toward extraterritorial enforcement often leads to conflict among trading partners and uncertainty for transnational commerce. Renewed efforts are needed to develop a uniform approach to antitrust law that reflects the interests and respects the policies of both the EC and the United States. Otherwise, regulators may find themselves undercutting the competitiveness of the very economies they seek to promote.

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