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21. und 22. Mai X. Internationale ... - Bundeskartellamt

21. und 22. Mai X. Internationale ... - Bundeskartellamt

21. und 22. Mai X. Internationale ... - Bundeskartellamt

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Conclusion<br />

The Internet and E-Commerce are clearly having an enormous impact on many<br />

aspects of business. Equally clearly, however, the competition rules and the<br />

instruments available to us are capable of dealing with the issues raised.<br />

Whether it be the fairly traditional assessment of horizontal and vertical<br />

concentration, or the more novel requirements of examining leveraging through<br />

technical b<strong>und</strong>ling, the competition rules, being goal-oriented, are sufficiently<br />

flexible tools.<br />

The need for international co-operation<br />

However, there is one area where the existing instruments need assistance. And<br />

that is the area of international co-operation. It is now a truism to state that the<br />

world economy has become increasingly global. Inevitably, globalisation is all the<br />

more evident in the new economy. Increased co-operation with other anti-trust<br />

authorities is therefore an obvious, indeed indispensable, response to the<br />

challenges which the Commission faces as a result of this globalisation.<br />

Antitrust enforcers came to realise that the transnational character of today’s<br />

competition cases clashes with the traditionally territorial scope of domestic<br />

antitrust rules. When we apply our antitrust rules today, we increasingly observe<br />

that consumers whom we are mandated to protect are being adversely affected<br />

by anticompetitive behaviour taking place outside our jurisdiction. Often, we have<br />

to overcome a number of legal and practical obstacles to discover the necessary<br />

evidence and to impose sanctions on global cartels which are detrimental to the<br />

efficient conduct of business and harm costumers. The same applies to abuses<br />

or attempts at monopolisation by dominant players on the world market.<br />

As a means of addressing these issues we have for example concluded two<br />

competition law enforcement cooperation agreements with the United States.<br />

The 1991 (basic agreement) and 1998 (“positive comity”) agreements have been<br />

a marked success. Our experience with bilateral EU/US cooperation has been<br />

that it works very effectively – and particularly so in merger cases, substantially<br />

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