Global Enforcement
How the World Uses the U.S. Antitrust Enforcement
From China to Brazil, the American model has influenced regulators worldwide.
This article is for subscribers only.
Antitrust enforcement is one of the most successful U.S. exports. Enforcers in more than 100 countries go after cartels and monopolists, and megadeals routinely require approval from several dozen authorities. Many of those today follow the model of the European Union competition commission: investigate, prosecute, and rule. In the U.S., absent a settlement, a court order is necessary to impose remedies.
The EU squeezes divestments and levies huge fines for cartels or monopoly abuse. It reviews all cases that affect several member states to ensure they comply with competition rules. Smaller matters are taken up by national authorities.