Draft International Antitrust Code
Draft International Antitrust Code: produced in 1993 by the International Antitrust Code Working Group, consisting of twelve scholars. Four principles governed the approach of the Working Group: (a) national laws should be used to deal with international competition issues, (b) national treatment should be accorded to any party, (c) there should be recognized minimum standards for national antitrust rules, and (d) an International Antitrust Authority should be established. The Working Group also proposed that the Draft Code should be developed into a plurilateral agreement under the WTO. The Draft Code has not yet attracted sufficient international support for any kind of intergovernmental consideration. See also antitrust laws, competition policy and trade and competition. Draft International Code of Conduct on the Transfer of Technology: an instrument under negotiation in UNCTAD between 1976 and 1985. The aim of the Draft Code is to establish general and equitable standards for the conduct of parties engaged in the transfer of technology. Substantial differences remained when negotiations were suspended. There are no current plans to resume discussions. See also trade and transfer of technology.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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