- List of Contributors
- List of Abbreviations
- List of Cited GATT Panel and Working Party Reports and their Common Abbreviations
- List of Cited WTO Panel and Appellate Body Reports, Other Initiated WTO Disputes, and their Common Abbreviations
- Table of Cases
- The Evolution of the World Trading System – The Economic and Policy Context
- The Evolution of the World Trading System – The Legal and Institutional Context
- The Place of the WTO in the International System
- WTO Institutional Aspects
- Responding to National Concerns
- Regional Trade Agreements
- The Institutional Dimension
- Jurisdiction, Applicable Law, and Interpretation
- Procedural and Evidentiary Issues
- Standard of Review in WTO Law
- Remedies and Compliance
- The Limits of Judicial Processes
- Trade and Development
- Trade and Environment
- Trade and Labour
- Trade and Human Rights
- Trade and Health
- Trade and Investment
- Trade and Competition Policy
- WTO and Civil Society
- International Trade Law, United Nations Law, and Collective Security Issues
- Regulating Multinational Corporations and International Trade Law
- Law, Culture, and Values in the WTO – Gazing into the Crystal Ball
Abstract and Keywords
This article is based on the conviction that trade unfettered by government restrictions in trade and investment contributes to the maximization of economic welfare of trading nations Competition policy, which applies both domestically and internationally, aims at promoting the freedom of business activities. World Trade Organization (WTO) law and competition policy are grounded on similar principles, that is, free trade, non-discrimination, and competition. A brief survey of ‘extraterritorial application’ of national laws in the major jurisdictions is given. It is intended to show that there is a wide gap between the coverage of national laws and transnational features of economic activities of enterprises. This article provides a quick glance through the development of jurisdictional doctrines in major jurisdictions in competition law and tensions and conflicts among trading nations resulting from the extraterritorial application of competition law.
Mitsuo Matsushita is Professor Emeritus of Tokyo University; Former WTO Appellate Body Member; Attorney-at-Law (Tokyo Bar).
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