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Change and Continuity in International Antitrust under an Obama Administration

Global Competition Policy Magazine, January 2009

University of Florida Levin College of Law Research Paper No. 2009-13

16 Pages Posted: 19 Dec 2008 Last revised: 23 Sep 2015

D. Daniel Sokol

University of Florida - Levin College of Law; George Washington University Law School Competition Law Center

Date Written: January 12, 2009

Abstract

The Obama administration inherits an international antitrust situation that is relatively better than the one that the Bush team inherited. Antitrust coordination and cooperation with agencies around the world have never been better. There has been an emergence of best practices across a number of different areas, both substantive and technical. On these issues, I expect that there will be no significant shifts in priority, except perhaps a less forceful approach on monopolization issues. Cooperation and harmonization will continue as will the support of technical assistance.

On the margins, the US agencies may need to refine the message of competition so that market reform does not mean a lack of regulation, just better regulation that protects consumers from anti-competitive harm. Leadership changes may play an important role on a personal level and poor leadership may impact the ability to progress on many issues. International issues should remain a priority merely because of an ever increasing global role of China and other countries and an ever expanding European Union. Yet, the emergence of China and other countries onto the antitrust scene will create new challenges, which the current financial crisis will compound in terms of analytical harmonization about single firm conduct and the proper role of the state in the economy.

Keywords: antitrust, international, law, economics

JEL Classification: K21, L40

Suggested Citation

Sokol, D. Daniel, Change and Continuity in International Antitrust under an Obama Administration (January 12, 2009). Global Competition Policy Magazine, January 2009; University of Florida Levin College of Law Research Paper No. 2009-13. Available at SSRN: https://ssrn.com/abstract=1317922

D. Daniel Sokol (Contact Author)

University of Florida - Levin College of Law ( email )

Spessard L. Holland Law Center
P.O. Box 117625
Gainesville, FL 32611-7625
United States
(352) 273-0968 (Phone)
(352) 392-3005 (Fax)

HOME PAGE: http://www.law.ufl.edu/faculty/d-daniel-sokol

George Washington University Law School Competition Law Center ( email )

200 H Street, NW
Washington, DC 20052
United States

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