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37 0 THE AMERICAN JOURNAL OF COMPARATIVE LAW [Vol. 5 5 tected by politically and economically stronger cultures. One could even argue, from the neoliberal perspective, that the superiority of the liberal market competition model has been proved by the eco nomic success of the West. This model has been adopted by many countries, not least because it caters to th e inherent human tendency toward individualism. (On the other hand, however, elements of other economic cultures, such as the Islamic and the Buddhist, con tinue to exist and remain a source of conflict and irritation in interna tional trade and economic cooperation, (p. 212 ff).) Furthermore, it is almost certain that many will challenge his individual market ap proach as being difficult to apply. Yet Fikentscher would argue that these hindrances are the price to be paid for accuracy. It is a well- known fact not only in antitrust but also in other fields of law that evidence of a subjective criterion (such as the intent to monopolize) may be difficult to produce, but is often dispositive once established. It appears tha t the author has anticipated much of th e potential criti cism of his theories, and
American Journal of Comparative Law – Oxford University Press
Published: Apr 1, 2007
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