As more and more U.S. companies engage in overseas operations, even the most routine merger or acquisition seems to have a transnational component which requires analysis and perhaps premerger notification under an increasing number of foreign "competition laws" (or what we call antitrust laws). An understanding of those competition rules has become an imperative for American lawyers.
William M. Hannay,
Transnational Competition Law Aspects of Mergers and Acquisitions,
Nw. J. Int'l L. & Bus.