Harmonization: A Doctrine for the Next Decade

I share much of Professor Rahi's assessment of the present situation and his desire for a resolution that will recognize the interdependence of the world's economies and give to everyone the benefits of competition. The last forty years or so of experience in international antitrust instruct us, however, that there is no "quick fix" in this regard and, indeed, that we antitrust lawyers cannot impose any system, whether it be a Havana Charter or an unbridled national doctrine of extraterritoriality, on a world that is not economically or politically ready for it. We will just have to be patient and be grateful for modest gains for a while.