1 / 6

Competition Policy and the Global Trading Regime

Competition Policy and the Global Trading Regime. Erlinda M. Medalla April 27-28, 2006 Hanoi. Why competition policy in the context of international trading regime?.

avi
Download Presentation

Competition Policy and the Global Trading Regime

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Competition Policy and the Global Trading Regime Erlinda M. Medalla April 27-28, 2006 Hanoi

  2. Why competition policy in the context of international trading regime? • The primary consideration should be national objectives, but it is crucial to also consider multilateral and regional perspectives. • Considering developments in other countries gives a wider perspective of the issues and helps governments decide on the most appropriate policies.

  3. Why competition policy in the context of international trading regime? • National and regional efforts to enhance competition can be mutually reinforcing and provide a further force to counter the interests of vested groups. • There are trans-boundary anti-competitive acts.

  4. Competition policy and international trade • Lack of domestic competition policy regulatory framework could affect market access, especially against foreign products • Hence, competition policy as one of Singapore issues

  5. Competition policy and international trade • There are cases where anti-competitive acts cross borders. • Example: International shipping lines suspected to set up international cartels and allocate capacity • Need to address such cases at regional/ global level. • Need for cooperative approach • Possibly push the issue to be addressed at WTO

  6. Developments in WTO • Competition policy issue has been dropped in the July package of the WTO • Proposals for competition policy agreements do not explicitly link competition policy with market access concerns; rather they aim to ensure that all countries have national legislation in place to deal with anticompetitive practices. • Cooperation between member states on competition policy are voluntary. • Agreement more towards commitment to competitive markets.

More Related