2_European Antitrust

2_European Antitrust - Trustbusting's Top Cop:The EU's...

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Trustbusting's Top Cop:The EU's Mario Monti is picking up the mantle now that Washington favors antitrust minimalism Mike France in New York, with William Echikson in Brussels and Dan Carney in Washington. Business Week New York:April 30, 2001. Iss. 3730, p. 88-89 Subjects: Classification Codes 9190, 9175, 2330, 4300 Locations: Western Europe, United States, US People: Monti, Mario Author(s): Mike France in New York, with William Echikson in Brussels and Dan Carney in W Document types: Feature Section: Legal Affairs: ANTITRUST Publication title: Business Week. New York: April 30, 2001. , Iss. 3730; pg. 88 Source type: Periodical ISSN/ISBN: 07398395 ProQuest document ID: 71783975 Text Word Count 1332 Document URL: The rebirth of antitrust has been one of the most dramatic business stories in years. Reviving memories of Teddy Roosevelt's epic battles with Standard Oil and American Tobacco, Clinton-era trustbusters Joel I. Klein and Robert Pitofsky challenged a long list of the country's most powerful companies, ranging from American Airlines to Microsoft to Visa to America Online. But now Justice Dept. antitrust chief Klein is gone and Federal Trade Commission Chairman Pitofsky is on his way out. In their places, George W. Bush is nominating, respectively, Charles A. James and Timothy J. Muris--two conservatives who are expected to toss out many of their predecessors' pet legal theories and restore an era of antitrust minimalism. But Corporate America shouldn't relax just yet. Aggressive trustbusting is still alive and well--in, of all places, Europe, where price-fixing was an accepted business practice until a few years ago, secret cartels have been discovered in many industries, and key competition laws are brand new. PENALTIES. Suddenly, the world's most feared trustbuster is Mario Monti, chief of the
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This note was uploaded on 07/28/2010 for the course ECON 101 taught by Professor Hansen during the Fall '07 term at University of Wisconsin.

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2_European Antitrust - Trustbusting's Top Cop:The EU's...

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