Most of you will agree with me that it is rare to have a good laugh when reading a paper on antitrust law. Well, it just happened to me tonight when going through the proceedings of the 2005 Fordham Annual Conference.
Bruno Lasserre, besides being a pro-active competition enforcer, has a very good taste of humor. Here's how he concludes his speech related to the challenges lying ahead the ECN (European Competition Network):
I would like to end by maybe an image. [...] the image I would like to take is this story about an Italian immigrant in the early years of the past century. He was dreaming in Sicily about America. He was told, of course, that all American streets were paved with gold. And decided to join that magic country. When he arrived in the US, he made three comments. First of all, "Well, the streets are not paved with gold". Second, "The streets are not paved at all". Third, "I am expected to pave them!". That is exactly the same for us. (referring to the fact that all the rules governing the ECN are being adopted from scratch).
Will consult the folks of Antitrust Review to clarify whether I am an antitrust nerd...