The article analyzes institutional and procedural aspects of the cooperation between federal and state antitrust enforcement in a comparative perspective. There are two goals: to offer a global overview of the topic in order to better navigate multi-jurisdictional antitrust investigations, and...

The procyclicality hypothesis predicts that after a stock market downturn, regulatory initiatives and therefore investor protections increase. Unlike the relevant literature which focuses on new legislation, we focus on the enforcement of securities law. Our work is consistent with the idea of...