As 2009 draws to a close, it is an opportune time to begin to reflect on what has been a very active year in the antitrust/competition world. In the United States, for example, we have seen the Obama administration repeal the Bush administration’s controversial September 2008 report related to single-firm conduct (monopolies) under Section 2 of the Sherman Act and generally reaffirm its pre-election commitment to antitrust enforcement.