On February 5, 2010, The European Institute held a meeting of its Transatlantic Roundtable on Trade entitled “Staying Competitive - Europe's Response to Institutional and Societal Challenges” focusing on Europe’s Competition Policy under the Lisbon Treaty and the EU’s 2020 Policy. Isabelle Benoliel, Director for Registry and Resources at the Directorate-General for Competition at the European Commission spoke about the challenges to competition policy within the European Union, especially while tackling the ongoing global economic crisis.  Elizabeth Kraus, Deputy Director for International Antitrust at the U.S. Federal Trade Commission’s Office of International Affairs spoke about the need for the U.S. to continue to work with the Commission on the challenges facing competition focusing in particular on the need for cooperation and convergence of EU and U.S. policies. John Briggs, Co-Chair of Axinn, Veltrop & Harkrider’s Antitrust Practice and Managing Partner of the firm’s Washington office, was the moderator of the discussion.

The European competition authority is challenging U.S. high-tech companies’ business practices, including some already approved by the anti-trust regulators in Washington.

A leading American anti-trust attorney probes the divergences between U.S. and EU legal philosophies and explains why the EU approach seems to be gaining ground as a global model. Can the outlook for trans-atlantic convergence improve?

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