U.S. Antitrust Head Calls for Global Forum and Initiative for Antitrust Enforcement Cooperation

On September 14, 2000, Joel I. Klein, Assistant Attorney General, Antitrust Division, U.S. Department of Justice, called for initiatives and a new forum to strengthen antitrust enforcement cooperation. Speaking at the EC Merger Control 10th Anniversary Conference in Brussels, Belgium, Mr. Klein explained that the rate of economic internationalization will increase in the future dramatically – beyond the expectations, predictions and comfort level of persons. As a result, antitrust will move away from sectoral regulation in favor of generalized antitrust enforcement and the regulatory decline of telecommunications, airlines, energy and other industries, thereby increasing the burdens on antitrust enforcement...[more]