| Abstract: | The traditional boundaries between trade policy and competition policy are becoming fuzzier and less valid because firms increasingly
compete at the same time in many different markets and in different ways. The following article examines a number of policy
areas in which trade policy has significant effects on competition, and competition policy has significant effects on trade.
It concludes that new ways of multilateral cooperation are necessary if trade and competition policies are to complement rather
than contradict each other.
This article was written while the author was a senior lecturer at the European Institute of Public Administration, Maastricht,
the Netherlands. He is now Minister Plenipotentiary at the Ministry of Foreign Affairs, Nicosia, Cyprus. The article is a
revised draft of a paper that was presented at a seminar organised by the OECD on 6 July 1993. The author is grateful to participants
of the seminar for their comments and suggestions. The views expressed in this paper are the responsibility of the author
and should not be attributed to any institution. |
