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Amid Diverse Global Approaches To Antitrust, Experts Look To Guide Next Administration

August 30, 2016, Inside U.S. Trade

Deborah Garza is quoted in an Inside U.S. Trade article regarding the U.S. Chamber’s newly-assembled group of experts which is expected to develop recommendations for how the next administration and Congress should approach issues related to trade and antitrust policy. According to Garza, due process and transparency obligations are necessary to ensure against discriminatory application of antitrust laws, noting that convergence around standards alone is insufficient.

Garza also points out that the EU, Australia and several jurisdictions in Latin America and Asia have solicited international comments when publishing guidelines on how they will implement competition laws. This exercise, Garza says, reflects an eagerness to migrate toward common antitrust standards and head off international misunderstandings that could occur through the application of those laws. She adds that, still, some jurisdictions have fundamentally different approaches to antitrust law, and more work needs to be done to narrow differences and reach an international consensus on competition law.

 

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