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Competition Policy and the WTO: Is there a need for a multilateral agreement? EIPA Working Paper 98/W/02, September 1998

Bilal, Sanoussi and Olarreaga, Marcelo (1998) Competition Policy and the WTO: Is there a need for a multilateral agreement? EIPA Working Paper 98/W/02, September 1998. [Working Paper]

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    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.

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    Item Type: Working Paper
    Uncontrolled Keywords: International Competition Policy Agreement (ICPA).
    Subjects for non-EU documents: Other international institutions > GATT/WTO
    EU policies and themes > Policies & related activities > competition policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > European Institute of Public Adminstration (Maastricht) > Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 04 Jun 2003
    Page Range: p. 24
    Last Modified: 15 Feb 2011 17:15
    URI: http://aei.pitt.edu/id/eprint/600

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