Two wrongs make a right: Why the trans-Atlantic antitrust rift is necessary in the global economy

The European Union and the United States have pursued notably different approaches to applying antitrust laws, which seek to maintain competition between businesses. While the EU has issued large fines to companies like Google, the United States has been far less willing to intervene. Konstantinos Stylianou argues that although a great deal of frustration has been expressed about this schism between the European and American models, there are some key advantages. Global companies being subject only to one set of rules is dangerous: we can’t rely on a single country to get rules and policy right on behalf of the entire world.

EP: EPRS: Briefing, 27.03.14: EU and US competition policies: Similar objectives, different approaches http://www.europeansources.info/record/eu-and-us-competition-policies-similar-objectives-different-approaches/

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