In this issue Chris Sagers considers the future of Section 1 in light of the Supreme Court’s possible action in American Needle. Continuing our focus on China, this issue features an article by Nate Bush that examines merger enforcement activity under that country’s year-old Antimonopoly Law. Still on mergers, but on the domestic front, Timothy Daniel looks back at Bush administration enforcement to see if there are any lessons the Obama administration might draw. Finally, a particularly interesting Paper Trail reviews recent scholarship on sports standards-setting bodies and the FTC’s evaluation of efficiencies.