  Further experimental and theoretical studies of the physics of flavor and CP
violation are well motivated. Within the supersymmetric framework, higher
precision measurements will allow to explore classes of models with stronger
degree of universality: first, models with no universality, such as alignment
or heavy first two squark generations; second, models with approximate
universality, such as dilaton dominance or AMSB; and finally models of exact
universality, such as GMSB. A broad program, including various rare processes
or CP asymmetries in B, D and K decays, will provide detailed information about
viable extensions of the Standard Model. Some highlights of future B-physics
experiments (the present B-factories with integrated luminosity of 0.5 ab^{-1},
hadron machines, and future high-luminosity B-factories) are described.
