Antitrust in Global Economy
This seminar examines the unique phenomenon of global antitrust law, in a world where over 150 countries have antitrust regimes, and a single business decision can affect markets around the globe. We start with common ground, such as the free market foundations of antitrust, developed in the United States and now making their way even to China, multi-jurisdictional cartel enforcement, and the “export” of U.S. private litigation to Europe. We then move on to conflict, examining the dramatically different transatlantic approaches to the Microsoft, Intel and other monopolization cases, uses of antitrust law to both facilitate and hinder international trade, and the different reactions of various antitrust regimes to the 2008-09 global financial crisis. Lecture and class discussion seek to provide a grounding in global antitrust principles, and student papers will explore a particular area in detail. Some prior exposure to antitrust is helpful but not required; the economic principles to be discussed are accessible to all.
*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.
**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.