The Eu-us 1991 Cooperation Agreement In The Field Of Competition LawThe European Union and the United States have one of the world’s best-developed systems of antitrust law. However, due to the increasing globalization of trade relations, national enforcement is often not enough to deal with practices restricting competition on an international scale. The bilateral agreement concluded between the European Communities and the United States in 1991 (effectively signed and in force since 1995), regarding the application of their competition laws, is a first step in order to facilitate international cooperation in antitrust matters.
The following questions have been addressed in this article:Which cases are notified?
What is the cooperation between competition authorities aimed at?
What kind of information is exchanged?
What are the traditional and the positive comity?