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The Law and Economics of Contingent Protection in the Wto by Petros C. Mavroidis

By Petros C. Mavroidis

All 3 elements [of the e-book] are with out query tremendous precise and thorough treatises of the 3 varied tools of contingent safety. The case ''law'' of the DSB in addition to coverage proposals recommend within the Doha around are stated and analysed generally. all the things of the e-book is a superb and intensely considerate paintings at the respective device and should be beneficial for everybody operating within the field.- Christoph Herrmann, universal industry legislation assessment

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Extra resources for The Law and Economics of Contingent Protection in the Wto (Elgar International Economic Law Series)

Sample text

Imports can now be deemed unfair even if foreign firms charge higher prices to their export market than they do at home. The definition of ‘less than fair value’ was broadened to capture not only price discrimination, but also sales below cost. This chapter presents anti-dumping as related to price discrimination because this was the initial view – and it may be still the most important one although, in the US, cost-based cases account for more than onehalf of the lodged anti-dumping cases (Clarida 1996).

00 – – examined would have no way to make adjustments they needed to, in light of the liberalization commitments they undertook since the Uruguay Round. In other words, the countries examined view recourse to anti-dumping more as a safeguard, rather than as a response to an unfair practice. 6 Anti-dumping cases were mostly initiated by developed countries. Since then, they have been initiated by developed and developing countries alike. 1 presents the world anti-dumping activity during the last decade, with details for the top twelve anti-dumping users.

They are least likely to occur where . . the cooperation among firms is tacit, since effective tacit coordination is difficult to achieve; since there is a high likelihood that any attempt by one oligopolist to discipline a rival by cutting prices will produce an outbreak of competition; and since a predator’s present losses fall on it alone, while the latter supracompetitive profits must be shared with every other oligopolist in proportion to its market share, including the intended victim.

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