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Anti-Dumping and Anti-Trust Issues in Free-Trade Areas (Hardcover, New)
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Anti-Dumping and Anti-Trust Issues in Free-Trade Areas (Hardcover, New)
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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 protect statehood 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 in transnational 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
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