Anti-competitive Agreements: Meaning and Examples


  • Frederic Jenny Vice Chairman of the Conseil de Concurrence (French Competition Authority); Chairman of the WTO Working Group on the Interaction between Trade and Competition Policy; Professor of Economics, Ecole Superieure des Sciences Economiques et Cornmerciales (ESSEC) France; Chairman of the Committee on Competition Law and Policy of the OECD, Co-chairman of the Joint OECD Committee on Trade and Competition; Co-chairman of the Joint OECD Committee on Trade and Competition


This paper looks at Competition Law and Policy. During the 1990s many developed and developing countries undertook market oriented reforms. In most cases they were visibly successful, and have led to greater levels of development. Trinidad and Tobago is one very good example of this.

In developing countries, at both national and international levels, the following question is being debated: Now that we have a more market oriented economy, should we have competition law and policy? There has already been quite a bit of trade liberalization which has put pressure on domestic economies. So, in addition to trade liberalization, should there also be a domestic instrument called competition law? What is competition law? What benefits can it offer? What are the specificities of competition law in the context of developing countries? Such are the various facets of the theme to be discussed.