Termites in the Trading System

Termites in the Trading System PDF Author: Jagdish Bhagwati
Publisher: Oxford University Press
ISBN: 0199715904
Category : Business & Economics
Languages : en
Pages : 160

Book Description
Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.

Antitrust Enforcement Guidelines for International Operations

Antitrust Enforcement Guidelines for International Operations PDF Author: United States. Department of Justice
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 40

Book Description


Competition Policy in the Global Trading System:Perspectives from the Eu, Japan and the USA

Competition Policy in the Global Trading System:Perspectives from the Eu, Japan and the USA PDF Author: Mitsuo Matsushita
Publisher: Kluwer Law International B.V.
ISBN: 904111758X
Category : Business & Economics
Languages : en
Pages : 424

Book Description
Based on a conference of national authorities and leading scholars in antitrust and competition law and policy, the text presents 20 essays which together provide an in-depth assessment of achievements and impasses, as well as a variety of possible ways forward.

The Antitrust Paradox

The Antitrust Paradox PDF Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536

Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Global Food Value Chains and Competition Law

Global Food Value Chains and Competition Law PDF Author: Ioannis Lianos
Publisher: Cambridge University Press
ISBN: 1108632858
Category : Law
Languages : en
Pages : 661

Book Description
The food industry is a notoriously complex economic sector that has not received the attention it deserves within legal scholarship. Production and distribution of food is complex because of its polycentric character (as it operates at the intersection of different public policies) and its dynamic evolution and transformation in the last few decades (from technological and governance perspectives). This volume introduces the global value chain approach as a useful way to analyse competition law and applies it to the operations of food chains and the challenges of their regulation. Together, the chapters not only provide a comprehensive mapping of a vast comparative field, but also shed light on the intricacies of the various policies and legal fields in operation. The book offers a conceptual and theoretical framework for competition authorities, companies and academics, and fills a massive gap in the competition policy literature dealing with global value chains and food.

China and the WTO

China and the WTO PDF Author: Petros C. Mavroidis
Publisher: Princeton University Press
ISBN: 0691206597
Category : Business & Economics
Languages : en
Pages : 262

Book Description
"China's accession to the World Trade Organisation (WTO) in 2001 was hailed as the natural conclusion of a long march that started with the reforms introduced by Deng Xiaoping in the 1970s. However, China's participation in the WTO since joining has been anything but smooth, and its self-proclaimed "socialist market economy" system has alienated many of its global trading partners - as recent tensions with the United States exemplify. Prevailing diplomatic attitudes tend to focus on two diametrically opposing approaches to dealing with the emerging problems: the first is to demand that China completely overhaul its economic regime; the second is to stay idle and accept that the WTO must accommodate different economic regimes, no matter how idiosyncratic and incompatible. In this book, Mavroidis and Sapir propose a third approach. They point out that, while the WTO (as well as its predecessor, the General Agreement on Tariffs and Trade [GATT]) has previously managed the accession of socialist countries or of big trading nations, it has never before dealt with a country as large or as powerful as China. Therefore, in order to simultaneously uphold its core principles and accommodate China's unique geopolitical position, the authors argue that the WTO needs to translate some of its implicit legal understanding into explicit treaty language. Focusing on two core complaints - that Chinese state-owned enterprises (SOEs) benefit from unfair trade advantages, and that domestic companies (both private as well as SOEs) impose forced technology transfer on foreign companies as a condition for accessing the Chinese market - they lay out their specific proposals for successful legislative amendment"--.

Antitrust in the Global Trading System

Antitrust in the Global Trading System PDF Author: Peter Morici
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 156

Book Description


Antitrust Laws and Trade Regulation

Antitrust Laws and Trade Regulation PDF Author: Julian O. Von Kalinowski
Publisher: LexisNexis
ISBN:
Category : Law
Languages : en
Pages : 1010

Book Description
With today's rapid changes in worldwide mass communication, it is critical that your library contain a title discussing in detail the legal implications of the new technology. All aspects of the regulation of cable, broadcasting, satellite and the Internet, including access, franchising, programming, compatibility, cross-ownership and privacy issues are discussed. New technologies, including High Definition Television (HDTV), Satellite Master Antenna Television (SMATV), Direct Broadcast Satellite (DBS) and Multipoint Distribution Service (MDS); and traditional legal issues adapted for new technologies, such as antitrust, securities and taxation are also covered. The price quoted for the work, which is updated twice annually, covers one year's worth of service.

The Antitrust Paradigm

The Antitrust Paradigm PDF Author: Jonathan B. Baker
Publisher: Harvard University Press
ISBN: 0674975782
Category : Law
Languages : en
Pages : 369

Book Description
A new and urgently needed guide to making the American economy more competitive at a time when tech giants have amassed vast market power. The U.S. economy is growing less competitive. Large businesses increasingly profit by taking advantage of their customers and suppliers. These firms can also use sophisticated pricing algorithms and customer data to secure substantial and persistent advantages over smaller players. In our new Gilded Age, the likes of Google and Amazon fill the roles of Standard Oil and U.S. Steel. Jonathan Baker shows how business practices harming competition manage to go unchecked. The law has fallen behind technology, but that is not the only problem. Inspired by Robert Bork, Richard Posner, and the “Chicago school,” the Supreme Court has, since the Reagan years, steadily eroded the protections of antitrust. The Antitrust Paradigm demonstrates that Chicago-style reforms intended to unleash competitive enterprise have instead inflated market power, harming the welfare of workers and consumers, squelching innovation, and reducing overall economic growth. Baker identifies the errors in economic arguments for staying the course and advocates for a middle path between laissez-faire and forced deconcentration: the revival of pro-competitive economic regulation, of which antitrust has long been the backbone. Drawing on the latest in empirical and theoretical economics to defend the benefits of antitrust, Baker shows how enforcement and jurisprudence can be updated for the high-tech economy. His prescription is straightforward. The sooner courts and the antitrust enforcement agencies stop listening to the Chicago school and start paying attention to modern economics, the sooner Americans will reap the benefits of competition.

The Regulation of International Trade, Volume 3

The Regulation of International Trade, Volume 3 PDF Author: Petros C. Mavroidis
Publisher: MIT Press
ISBN: 0262360616
Category : Law
Languages : en
Pages : 753

Book Description
A comprehensive analysis of GATS that considers its historical context, the national preferences that shaped it, and a path to a GATS 2.0. The previous two volumes in The Regulation of International Trade analyzed the General Agreement on Tariffs and Trade (GATT), the first successful agreement to generate multilateral trade liberalization, and the World Trade Organization (WTO), for which the GATT laid the groundwork. In this third volume, Petros Mavroidis turns to the General Agreement on Trade in Services (GATS), a WTO treaty that took effect in 1995, and offers a comprehensive analysis that considers the historical context of the GATS, the national preferences that shaped it, and a path to a GATS 2.0.