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Competition Policy in the EUFifty Years on from the Treaty of Rome$
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Xavier Vives

Print publication date: 2009

Print ISBN-13: 9780199566358

Published to Oxford Scholarship Online: September 2009

DOI: 10.1093/acprof:oso/9780199566358.001.0001

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Competition Policy in the European Union and the United States: Convergence or Divergence? 1

Competition Policy in the European Union and the United States: Convergence or Divergence? 1

Chapter:
(p.314) 12 Competition Policy in the European Union and the United States: Convergence or Divergence?1
Source:
Competition Policy in the EU
Author(s):

William E. Kovacic

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199566358.003.0012

This chapter examines the state of the relationship between the competition policy systems of the European Union and the United States. It begins by discussing, as a normative matter, what type of convergence on competition policy norms we should hope to see between the European Union and the United States — or among all of the world's competition authorities. It offers a positive description of existing similarities and differences between the EU and U.S. competition policy systems. The chapter then considers centrifugal and centripetal forces that promise to affect the extent to which the two systems converge or diverge in the future, and discusses possible paths for improvement in the relationship and for the attainment of better practices in competition policy.

Keywords:   competition policy, European Union, United States, economic policy

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