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Cooperation Between Antitrust Agencies at the International Level
By
Bruno Zanettin
Description
The issue of
international antitrust enforcement is high on the agenda for both
developed and developing countries. Bilateral cooperation between
antitrust agencies, in particular the European Commission and US
agencies, is the focus of this new work. It first shows how bilateral
cooperation was developed as a response to the limits of the
unilateral and extraterritorial application of national competition
laws, and how it has evolved from an instrument initially designed to
avoid conflicts into a tool aimed at coordinating joint
investigations of international competition cases. It then considers
how bilateral cooperation could be used optimally, by analysing two
forms of advanced cooperation: the exchange of confidential
information, and positive comity, which is the only satisfactory
answer competition law can provide to market access cases. It shows
that the use of such instruments is limited by significant legal and
political obstacles, even in the context of the exemplary EC US
relationship.
The book therefore
argues that the efficient use of bilateral cooperation will be
limited to a small number of well-established competition agencies.
If international anticompetitive practices are to be efficiently
addressed by an increasingly large and heterogeneous group of
competition agencies, horizontal cooperation between antitrust
agencies must be complemented by a multilateral and supranational
solution going beyond proposals currently put forward. The book
concludes that only the WTO and its dispute settlement system could
provide the basis for such a system.
Bruno Zanettin
works in the Directorate General for Competition of the European
Commission in Brussels.
Contents
Table of Cases
Table of
Treaties
Table of
Legislation
Introduction 1
1 Addressing
international restrictive practices at the national level: a
necessary but insufficient step 7
1 The
generalisation of the effects doctrine as the first response to the
globalisation of anticompetitive practices 7
2 The practical
limitations to the unilateral application of domestic laws in
international competition cases 33
2 Soft
cooperation, or the coordination of antitrust investigations 53
1 Towards
increased cooperation: the evolution of the provisions of the
existing bilateral agreements 53
2 Soft
cooperation as it stands: the implementation of the bilateral
agreements 78
3 Towards hard
cooperation: the exchange of confidential information 119
1 Reluctance to
conclude agreements on exchange of information is a characteristic of
international cooperation in the field of antitrust 121
2 The instruments
of exchange of information 145
4 Towards hard
cooperation: positive comity 183
1 The experience
of positive comity shows the possible scope and the limits of the use
of this instrument 185
2 Assessing the
potential legal scope of positive comity 198
3 Conclusion 225
5 Completing
bilateral cooperation: the multilateral option 229
1 A plurilateral
agreement on competition rules: a necessary but difficult step to
complement bilateral cooperation between antitrust agencies 229
2 The possible
content of a multilateral agreement on competition policy, in the
light of the experience acquired through bilateral cooperation 250
3 Conclusion 277
Conclusion 279
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