We have experienced nothing short of an explosion in competition law enactment and enforcement over the last several years. Today, more than eighty countries have competition laws, with the majority of these enacting competition legislation for the first time in the 1990s. With these new laws come new, or in some cases renewed, enforcement efforts against commercial behavior viewed as posing threats to the competitive process. Even in jurisdictions that have developed a tradition of competition law enforcement, like the European Community and the United States, the influence of competition law in everyday commercial decision-making has increased dramatically.
Michael G. Egge,
The Harmonization of Competition Laws Worldwide,
Rich. J. Global L. & Bus.
Available at: http://scholarship.richmond.edu/global/vol2/iss1/6