Past, present and future: a comparative analysis
Previous chapters analysed and discussed important issues, concepts and ideas that are central components in any debate on the internationalisation of antitrust policy and the relationship between these components. Throughout all the chapters, the discussion and analysis were conducted at several levels. Often this was done from a past, present and, where appropriate, future perspective. This chapter complements that discussion and analysis by bringing together the different strands of past, present and some possible future developments of the internationalisation of antitrust policy.
The chapter is structured as follows. The first part looks at past developments. The discussion begins with past developments because in order to help understand where the internationalisation of antitrust policy should go, it is important to examine its past experience first. The second part constructs an institutional framework of the capabilities of international organisations to deal with international antitrust policy. The third part attempts to link present developments with the type of internationalisation of antitrust policy which seems to be emerging on the horizon. The fourth part deals with the issue of political power and the interests of business firms and countries. The fifth part gives an account of various model systems of antitrust. The sixth part examines the EC-US conflict in the internationalisation of antitrust policy. The seventh part sheds some light on the issue of convergence and harmonisation of antitrust law and policy of different countries. The eighth part considers some substantive issues. The ninth part offers some reflections and a summary.
The first quarter of the twentieth century witnessed some general antipathy towards anti-competitive practices. This antipathy, which can be seen from the way the League of Nations considered international cartels as ‘an enemy of world trade’, was given a stronger impact in the early 1930s. During those