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date: 14 November 2018

Abstract and Keywords

This chapter discusses the three basic types of regional economic court or tribunal: (i) deeply integrating regional courts (DIRCs); (ii) bodies following an arbitration model; and (iii) hybrid bodies. Examples of DIRCs are the Court of Justice of the European Union, the Court of Justice of the European Free Trade Association, and the Andean Tribunal of Justice (Tribunal de Justicia de la ComunidadAndina). These three courts form part of integration agreement structures which do not only contain free trade rules, but also regulate economic activities such as competition policy, investment law, product standards, labor law, public procurement law, and intellectual property law. Bodies that follow the arbitral model include the North American Free Trade Agreement. Hybrid judicial or quasi-judicial bodies fall between pure arbitration systems and DIRCs. These include the Mercosur dispute resolution system and the more integrationist judicial bodies of the Caribbean Court of Justice.

Keywords: Court of Justice of the European Union, deeply integrating regional courts, regional tribunals, arbitration model, hybrid bodies, Court of Justice of the European Free Trade Association, Andean Tribunal of Justice, North American Free Trade Agreement, Merco

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