J William Rowley and A Neil Campbell
A Comment on the Estimated Costs of Multi-Jurisdictional Merger Reviews
(September 2003) The Antitrust Source
First paragraph
'In September 2000 Assistant Attorney General Joel Klein used the conference celebrating the tenth anniversary of EU merger control as a platform to announce that the United States was prepared to participate in the multinational "Global Competition Initiative" recommended in the Report of the International Competition Policy Advisory Committee.1 Because multi-jurisdictional merger review was identified as one of the priority areas, the International Bar Association and the American Bar Association Section of Antitrust Law reacted by commissioning a study of the time and costs associated with the proliferation of national merger review regimes. The purpose was to shine a spotlight on the impact of such regulatory systems and to provide a concrete factual foundation for policy debates relating to possible streamlining or convergence of such processes.'