US And EU Converging On Dominant-Firm-Abuse Theory

Law360, New York (July 1, 2013, 1:16 PM EDT) -- There is recent evidence of possible greater convergence between the United States and the European Union on issues of abusive market conduct by dominant firms.

Previously, the two leading antitrust regimes were seen as split on the regulation of market dominance. In simple terms, the United States antitrust law was viewed as prioritizing the protection of the competitive market process.[1] Such a U.S. policy perspective was considered as according firms with large market shares broad discretion in adopting profit maximizing practices. It placed little responsibility on...
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