Purchase Solution

Comparison of EU and US Antitrust Laws

Not what you're looking for?

Ask Custom Question

1) Compare and Contrast the Antitrust Law and Economic Policies of Europe and the Common Market with that of the United States. Include a brief discussion of the history and the development of these policies including the relevant laws that were enacted to achieve economic objectives.

Explain the difference between structure and conduct and compare these concepts under the two legal systems.

How are mergers and acquisition guidelines presented under both systems?

Explain the economic rationale for law and policy that focuses on per se market power vs. a "rule of reason" analysis.

Purchase this Solution
Solution Summary

Simliarities and differences between the Sherman Antitrust Act of 1890 and Articles 81 and 82 of the EU competition law exist both in statute and application.

Solution Preview

United States antitrust law is largely a result of the Sherman Antitrust Act of 1890, which declared illegal "every contract, combination . . . or conspiracy in restraint of trade or commerce." EU antitrust law is similar, and both address two main topics?competition in general and mergers. Antitrust law in the EU involves the control of collusion and other anti-competitive practices (or, since 1994, the European Economic Area). This is covered under Articles 81 and 82 EC. Mergers are defined as involving companies which have a certain, defined amount of turnover in the EU or European Economic Area. This is governed by the Council Regulation 139/2004 EC (the Merger Regulation). Under the original Merger Regulation which came into force in 1990, the European Commission has exclusive jurisdiction for mergers between firms with a combined worldwide turnover of at least ?5 billion and a turnover within the European Economic Area of more than ?250 million for each of them. The new EU laws are an effort to ...

Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

View More Free Quizzes
Related BrainMass Solutions

  • Antitrust Regulation in the US

    245525 Antitrust Policy discussion of interventions and comparison between the US and other countries Antitrust policy is defined as governmental "attempts to make companies act in a competitive manner by breaking up companies that are monopolies, prohibiting

  • Product Liability and Anti-Competition

    Supreme Court and lower US courts and applied limited application of the exhaustion doctrine enabling the patentee to restrict resale and reuse of a patented product legally sold by the patentee is an example of the difference between the two countries

  • Competition, Conglomerates, and Google

    b) The United States is typically argued to have the most stringent antitrust laws.

  • U.S. Anti-Trust Laws and Competitive Business Environment

    The solution shows how effective are US laws in promoting fair and competitive business environment. It mentions Sherman Antitrust Act as one of those laws.

  • Single European Law

    · Introduction of common accounting standards: This would allow a cross country comparison of the financial statements of countries and allow common EU standards to evolve. · There is a need for common EU standards for products and services.

  • antitrust policy - US governments goals

    21427 What does the US government hope to achieve through the use of its antitrust policy? What does the US government hope to achieve through the use of its antitrust policy?

  • Pros and cons of regional intergration of the EU

    (Wikipedia) This was founded on 1st November, 1993 and it has single currency known as Euro. In 2004 the EU had the largest economy in the world with a GDP of US$ 12.48 trillion.

  • US Antitrust Policy and International Competition

    187145 US Antitrust Policy What does the U.S. government hope to achieve through the use of its antitrust policy? How does international competition affect domestic antitrust policy?

  • Benefits & detriments of the EU & US. rules regarding jurisdiction

    401157 Benefits & detriments of the EU & US. rules regarding jurisdiction Describe the benefits and detriments of the EU and U. S. rules regarding jurisdiction and forum in privately enforced competition laws.

View More Related Solutions