The internationalization of competition policy: implications for international business

✍ Scribed by Yusaf Akbar

• Publisher: John Wiley and Sons
• Year: 2000
• Tongue: English
• Weight: 92 KB
• Volume: 42
• Category: Article
• ISSN: 1096-4762
• DOI: 10.1002/1520-6874(200001)42:1<47::aid-tie4>3.0.co;2-q

✦ Synopsis

In the post-Uruguay Round World Trading System and with the creation of the World Trade Organization (WTO), a new set of agendas on the governance of the world economy has emerged. Among them are the relationship between trade and social policy, trade and the environment, and trade and competition policy. These issues are new in the sense that policymakers have, until now, avoided drawing direct-policy linkages between them. The main reason for this is that traditionally social and competition policies have been domestic policy domains that international policymakers were prevented from influencing. While environmental policy has been subject to several international negotiations, the link between trade and the environment has been relatively under-discussed in the GATT. Moreover, there have been few international agreements that have drawn a direct link between trade and the environment. 1 The focus of this paper is the relationship between trade and competition policy. In particular, this paper seeks to address the issues related to international competition policy and the concerns and problems faced by international business in this context.