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WTO Working Papers

WTO working papers usually represent research in progress. Such research may be conducted in the preparation of WTO Secretariat reports, studies or other material for WTO members. The papers are circulated for comment because the WTO considers critical review of professional research to be extremely important.

English

Competition policy, trade and the global economy: Existing WTO elements, commitments in regional trade agreements, current challenges and issues for reflection

Competition policy, today, is an essential element of the legal and institutional framework for the global economy. Whereas decades ago, anti-competitive practices tended to be viewed mainly as a domestic phenomenon, most facets of competition law enforcement now have an important international dimension. Examples include: the investigation and prosecution of price fixing and market sharing arrangements that often spill across national borders and, in important instances, encircle the globe; multiple recent, prominent cases of abuses of a dominant position in high-tech network industries; important current cases involving transnational energy markets; and major corporate mergers that often need to be simultaneously reviewed by multiple jurisdictions.

English

Keywords: competition policy, international trade policy, competitive neutrality, anti-competitive practices, the digital economy, WTO agreements, regional trade agreements, state-owned enterprises
JEL: L44: Industrial Organization / Antitrust Issues and Policies / Antitrust Policy and Public Enterprises, Nonprofit Institutions, and Professional Organizations; F23: International Economics / International Factor Movements and International Business / Multinational Firms; International Business; N40: Economic History / Government, War, Law, International Relations, and Regulation / Economic History: Government, War, Law, International Relations, and Regulation: General, International, or Comparative; L49: Industrial Organization / Antitrust Issues and Policies / Antitrust Policy: Other; F13: International Economics / Trade / Trade Policy; International Trade Organizations; F53: International Economics / International Relations, National Security, and International Political Economy / International Agreements and Observance; International Organizations; L40: Industrial Organization / Antitrust Issues and Policies / Antitrust Issues and Policies: General; F02: International Economics / General / International Economic Order and Integration
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