Anti-Dumping and Anti-Trust Issues in Free-Trade Areas: Anti-dumping & Anti-trust

Hardcover | December 1, 1994

byGabrielle Marceau

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In this book the legitimacy of anti-dumping measures in free trade areas is discussed. Economists argue that, generally, anti-dumping actions restrict and distort competition. In political terms, anti-dumping measures are biased in favour of a privileged interest group: the producers.Legally, they infringe the obligation of National Treatment contained in the GATT and NAFTA. Within regional groupings they contradict the guidelines of Article XXIV(8) (b) of the GATT. At the same time, anti-dumping measures are an exclusive exercise of sovereignty and would seem to protectstatehood and arguably other national interests of any importing state. The traditional alternative for anti-dumping actions has always been argued to be the application of domestic legislation against predation and price discrimination. It is suggested that this solution is inappropriate or at least incomplete. Many abuses, other than predation, can be exercised intransnational market: transnational vertical restraints such as tying, refusal to deal, restrictions on patents, trade marks and copyrights may all facilitate dumping. Indeed, in an international forum, what constitute market power and abusive conduct differ from what would otherwise be acceptablein a domestic market. Security and other national policies ought to be weighted against efficiency considerations. In this context, the European framework of analysis, where variables additional to efficiency are balanced in competition assessments, provides a good model for such an international code of competition. Indeed, within a regional economic grouping, interests may be different. Anti-dumping laws may be phased out if states are willing to see national distinction phasing out as well. It is argued in this book that NAFTA can constitute a laboratory for needed discussion on an international code of conduct of firms and governments. It will then be suggested that anti-dumping actions could be phased out within NAFTA only if a comprehensive system of competition laws were to beenforceable against any transnational restrictive business practice. But for all states to agree on such legislation, they must have reached parallel.

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From the Publisher

In this book the legitimacy of anti-dumping measures in free trade areas is discussed. Economists argue that, generally, anti-dumping actions restrict and distort competition. In political terms, anti-dumping measures are biased in favour of a privileged interest group: the producers.Legally, they infringe the obligation of National ...

From the Jacket

This book is concerned with the regulation of business activity within free trade areas and in particular with the law of economics of dumping and other anti-competitive practices. The author considers the legitimacy of anti-dumping measures in free trade areas in the light of the recent NAFTA agreement, positing that, within a free tr...

Gabrielle Z. Marceau is Legal Affairs Officer with GATT in Geneva, and President of the Executive of the International Economic Law Society

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Format:HardcoverDimensions:384 pages, 9.21 × 6.14 × 1.22 inPublished:December 1, 1994Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0198259204

ISBN - 13:9780198259206

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`'exceptionally clear...It is a detailed, cogent and well-structured work...Although clearly not intended as a practitioner's book, it is nonetheless to be recommended to several groups. The review of the purpose and effect of anti-dumping measures, whilst not original, is the clearest thereviewer has read and the comparative sections of the book relating to both anti-trust and anti-dumping measures may be attractive to academics and practitioners alike. Finally, the book is a welcome addition to the literature for those involved in policy reform to free trade areas, especially forthose considering NAFTA.''International and Comparative Law Quarterly