DP1501 Trade and Competition Policy in the WTO system
|Publication Date:||October 1996|
|Keyword(s):||Anti-trust, Competition Policy, Trade Negotiations|
|Programme Areas:||International Trade and Regional Economics|
|Link to this Page:||www.cepr.org/active/publications/discussion_papers/dp.php?dpno=1501|
This paper surveys the major options that have been proposed concerning a possible agreement on trade-related anti-trust principles and evaluates both their desirability and feasibility. Three criteria are used to evaluate the options: (i) the extent to which they enhance the contestability of markets for foreign firms; (ii) whether they will enhance the national economic welfare of WTO members; and (iii) their effect on the functioning and integrity of the existing trading system.