Trade and Competition Policy

Mitsuo Matsushita

in The Oxford Handbook of International Trade Law

Published in print January 2009 | ISBN: 9780199231928
Published online September 2012 | | DOI:

Series: Oxford Handbooks in Law

 Trade and Competition Policy

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This article is based on the conviction that trade unfettered by government restrictions in trade and investment contributes to the maximization of economic welfare of trading nations Competition policy, which applies both domestically and internationally, aims at promoting the freedom of business activities. World Trade Organization (WTO) law and competition policy are grounded on similar principles, that is, free trade, non-discrimination, and competition. A brief survey of ‘extraterritorial application’ of national laws in the major jurisdictions is given. It is intended to show that there is a wide gap between the coverage of national laws and transnational features of economic activities of enterprises. This article provides a quick glance through the development of jurisdictional doctrines in major jurisdictions in competition law and tensions and conflicts among trading nations resulting from the extraterritorial application of competition law.

Keywords: trade; economic welfare; competition policy; extraterritorial application; jurisdictions

Article.  9623 words. 

Subjects: Law ; International Law

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