Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
While the major trading nations move toward harmonizing their trade rules, they continue to put off thinking about the new “Achilles heel” of global trade: harmonizing competition laws. Such a failure to address this parallel track is fostering game-playing in the context of global trade. Privately sponsored restrictive agreements—often vertical anti-competition agreements outside the scope of the World Trade Organization (“WTO”) sanctions are taking the place of the previous restrictions on free and fair trade as international trade agreements continue to eliminate government-sponsored tariff and non-tariff barriers.