Competition Policy and the WTO: Is there a need for a multilateral agreement? EIPA Working Paper 98/W/02, September 1998
(1998) Competition Policy and the WTO: Is there a need for a multilateral agreement? EIPA Working Paper 98/W/02, September 1998.
Full text available as: |
Abstract
This paper discusses the arguments in favour of an International Competition Policy Agreement (ICPA) within the WTO framework. We argue that the only clear justification for an ICPA is in the presence of cross-border policy spillovers in competition policy. However, it is shown that such an agreement may lead both to a less competitive world trading system and, more importantly, to a lower level of world welfare. While recognizing the potential benefits that may arise from an ICPA, we recommend a cautious approach that acknowledges these drawbacks and other potential holes in such an agreement.
| Item Type: | Working Paper |
|---|---|
| Public Domain: | No |
| Refereed: | No |
| Status: | Published |
| Authors, Individual: | Bilal, Sanoussi and Olarreaga, Marcelo |
| Title: | Competition Policy and the WTO: Is there a need for a multilateral agreement? EIPA Working Paper 98/W/02, September 1998 |
| Language: | English |
| Institution: | European Institute of Public Administration, Maastricht |
| Journals and Series: | Series > European Institute of Public Adminstration (Maastricht) > Working Papers |
| Pages: | 24 |
| Month: | September |
| Year: | 1998 |
| Subjects: | Other international institutions > GATT/WTO EU policies and themes > Policies & related activities > competition policy |
| Keywords: | International Competition Policy Agreement (ICPA). |
| Alternative Locations: | http://www.eipa.nl/Publications/Summaries/1997_2000/WorkingPapers/98w02.pdf |
| ID Code: | 600 |
| Deposited By: | Wilkin, Phil |
| Deposited On: | 04 June 2003 |
