In the last decade we have seen a new internationalization of business and a new internationalization of competition/industrial policy. The internationalization of business has led to lively, and some would say destructive, competition within the United States. The internationalization of competition/industrial policy could invite a return of world cartels.
Eleanor M. Fox and Lawrence A. Sullivan,
Antitrust and the Future: World Markets, Transnational Restraints,
Nw. J. Int'l L. & Bus.