Features

Efficiences in vertical mergers, JVs and strategic alliances

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The perrenially thorny issue of vertical mergers and restraints was examined from the US and the EU standpoints by FTC chairman Bob Pitofsky and Juan Briones of the EC Commission Merger Task Force.

Developments in US international competition cooperation

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Nina Hachigian, an advisor to the Chairman of the Federal Trade Commission, believes that two recent agreements signed by the US represent a positive step towards greater international cooperation on competition. The Boeing/McDonnell Douglas merger brought to light a fact about antitrust enforcement in the modern era that competition authorities have been living with for some time. As commerce goes global, antitrust enforcement regimes will increasingly overlap and occasionally collide.

New Dutch Competition Act: Culture shock in the Netherlands

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Ten years ago the Netherlands was known as the ‘cartel paradise’ of Europe; indeed there are still a disproportionate number of Dutch cases before the European Commission. But over the last decade Dutch business has been faced with a complete change of culture, which has swung from the government-condoned collusion of the 1980s to the point where Parliament has approved an Act thought by many to be the ‘most important piece of legislation this century’, and established an independent authority with real teeth - and the apparent willingness to use them. Fenella Quinn investigates how the Dutch business and legal community is coping.

Fordham Conference: In search of a new culture

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A fin de siècle atmosphere pervaded the 24th Annual Fordham Corporate Law Institute conference on International Antitrust Law and Policy, where leading competition figures gathered to look ahead to the 21st century and consider whether the world would ever accomodate a truly global harmonisation of competition law. Fenella Quinn reports.

An interview with Hideaki Kobayashi

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The Japan Fair Trade Commission celebrates its 50th anniversary later this year. Recently retired head, Hideaki Kobayashi, now Deputy Chief of Mission at the Japanese embassy in Washington, spoke to GCR at the Fordham conference in New York.

New regulatory boundaries for airline alliances

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Airline alliances are high on the competition agenda. Michael Reynolds, chairman of the IBA’s Antitrust and Trade Committee, and Richard J Fahy Jr, chairman of the Aeronautical Law Committee, convened a joint session at the 1997 IBA conference in New Delhi and invited representatives of airlines, the EU Commission and the US Department of Justice to debate the application of competition rules to the airline sector. Callum Campbell was there.

Brazilian competition: CADE explained

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Walter Douglas Stuber and Lionel Pimentel Nobre of Amaro, Stuber e Advogados Associados, São Paulo, chart the history and powers of Brazil’s competition authority CADE (originally, the Economic Defence Administrative Commission), the Brazilian antitrust authority, was established in 1942 by Decree-law 7,666/42, the first Brazilian antitrust directive.