Friday, February 24, 2017

U.S. / EU Antitrust Friction In The Time Of Brexit: Toward A Rosier Scenario?

Tad Lipsky (FTC) asks U.S. / EU Antitrust Friction In The Time Of Brexit: Toward A Rosier Scenario?

ABSTRACT: Although U.S. and EU antitrust rules share many elements, their historical roots are distinct and a variety of important tensions and inconsistencies persist between the two systems. Firms with operations in both jurisdictions are typically required to follow different legal advice and to operate differently in each. In many circumstances such firms can tolerate the added expense and business limitations without significant effects on their fundamental business models. Where there are important complementarities and cross-influences between U.S. and EU business conduct, however, the clash in antitrust rules can alter the fate of a business enterprise or an entire industry.

https://lawprofessors.typepad.com/antitrustprof_blog/2017/02/us-eu-antitrust-friction-in-the-time-of-brexit-toward-a-rosier-scenario.html

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