Transatlantic competition policy: Domestic and international sources of EU-US cooperation

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Series Details Vol.12, No.2, June 2006, p171-196
Publication Date June 2006
ISSN 1354-0661
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This article employs a cross-level approach to explain cooperation in transatlantic competition policy. The explanation reveals the important role of regulators as interfaces between the domestic and international levels of analysis. Economic internationalization is a system-level cause of this cooperation, the precise effect of which is accounted for by an intervening variable (domestic politics), which is simplified with a principal-agent model. The negotiations over the 1991 EU-US Bilateral Competition Agreement suggest that, while regulators remain constrained by domestic institutions, they play an important role in explaining why the formal, transatlantic cooperative framework is largely a discretionary one created by a non-treaty international agreement.

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