Private Enforcement Against International Cartels in Latin America: A U.S. Perspective
Daniel A. Crane
University of Michigan Law School
April 1, 2008
COMPETITION LAW AND POLICY IN LATIN AMERICA, Hart, Forthcoming
Cardozo Legal Studies Research Paper No. 231
This is a book chapter forthcoming in Competition Law and Policy in Latin America (Hart), which will collect papers presented at a conference at the FGV Law School in Sao Paulo, Brazil, in April 2008. The paper seeks to motivate the development of private anti-cartel enforcement in Latin America in light of the U.S. Supreme Court's 2004 decision to foreclose federal court jurisdiction over claims by foreign purchasers from international cartels. It summarizes the state of anti-cartel enforcement in key Latin American jurisdictions, concluding that current efforts are inadequate and would be stimulated by the development of private enforcement. The paper argues that any jurisdiction that is serious about private anti-cartel enforcement must address three primary issues: (1) claim aggregation; (2) discovery rights; and (3) judicial competence. However, the solutions need not be to follow much-criticized techniques used in the U.S. such as class actions and very liberal discovery rights. Finally, the paper addresses some of the benefits and limitations of private enforcement.
Number of Pages in PDF File: 40
Keywords: antitrust, enforcement, competition law, comparative lawAccepted Paper Series
Date posted: April 14, 2008 ; Last revised: September 27, 2008
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo7 in 0.297 seconds