CONTENTS

Electronic Journals of the U.S. Information Agency, Vol. 4, No. 1, February 1999

Focus Commentary
Facts and Figures Information Resources

ANTITRUST AND COMPETITION POLICY

FOCUS

Expansion of International Cooperation Against Anti-Competitive Behavior
An Interview With Joel Klein, Assistant Attorney General, Antitrust Division, U.S. Department of Justice

Deregulation of the economy requires more vigorous enforcement of laws against anti-competitive practices. As more countries open their markets and as more markets become global, antitrust regulators will have to engage their counterparts aggressively in more cross-border cooperation.

Why Competition Policy -- Especially for Developing Economies
By Russell Pittman, Chief, Competition Policy Section, Antitrust Division, U.S. Department of Justice

When market forces fail to preserve business competition -- circumstances common in developing countries -- the government needs to employ antitrust and competition policies.

The Application of U.S. Antitrust Laws to Foreign Conduct: Recent Developments
By Randolph Tritell, Assistant Director for International Antitrust, Bureau of Competition, Federal Trade Commission

In the past U.S. enforcement against anti-competitive practices led foreign countries to complain about extraterritorial infringement on their sovereignty. Now U.S. law and policy promote cooperation among governments on antitrust cases through bilateral agreements.

COMMENTARY

Working Toward New U.S. Competition Policy Related to Trade
By Paula Stern, President, The Stern Group, Inc.

A Justice Department advisory group is considering what to do about anti-competitive practices by foreign companies that amount to unfair barriers to imports.

International Trade, Domestic Regulation and Competition Policy
By Jeffrey Lang, Partner, Wilmer, Cutler and Pickering

With little likelihood of achieving international agreement on antitrust and competition policy, there is another way to go -- including pro-competitive regulation in sectoral trade agreements.

Antitrust Policy in Brazil: Recent Trends and Challenges Ahead
By Gesner Oliveira, Professor, Getulio Vargas Foundation at Sao Paulo, and President of CADE

Like other countries starting to enforce competition policy more aggressively, Brazil especially needs to build the institutions of competition and to promote the culture of competition.

A U.S.-EU Road Toward Multilateralism in International Competition Policy
By Edward M. Graham and J. David Richardson, Institute for International Economics

The Basle Agreements establishing international capital standards suggest a way for integrating trade, investment, and competition policies.

FACTS AND FIGURES

Summary of Major U.S. Antitrust Laws

U.S. Agencies Responsible for Antitrust Enforcement and Competition Policy

U.S. International Antitrust Enforcement Since the 1980s

Case Study: The Boeing-McDonnell Douglas Merger

Case Study: Nippon Paper Company Price-Fixing Case

OECD Recommendation on Hard-Core Cartels

Panama Communique on Antitrust and Competition Policies

INFORMATION RESOURCES

Key U.S. Government Contacts and Internet Sites

Additional Readings on Antitrust and Competition Policy



Economic Perspectives

An Electronic Journal of the U.S. Information Agency

Volume 4, Number 1, February 1999

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Editor.............................Jon Schaffer
Managing Editor...................Bruce Odessey
Associate Editors....................Wayne Hall
Contributing Editors..............Eileen Deegan
...................................Kathleen Hug
...............................Merle Kellerhals
.................................Phillip Kurata
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                 Editorial Board                

Howard Cincotta..John Davis Hamill..Rosemary Crockett