This book provides what international trade law has hitherto lacked: a coherent analysis of 'product likeness' under Article III of the GATT. Christian A. Melischek develops an economic approach to the interpretation of 'like' products on the basis of a comparative analysis with antitrust theories on market definition. Not only does he propose a specific substantive economic test to render the notion of product likeness operational, but he also examines the institutional and procedural frameworks for expert economic evidence necessary to implement an economic approach to the interpretation of product likeness. On a methodological level, the book adds a new interdisciplinary dimension to the legal debate by exploring the use of quantitative and econometric methods for the implementation of the proposed economic test.
Les mer
Introduction; 1. The research question and scope of the study; 2. Practical relevance of the research question; 3. Methodology and structure; Part I. Comparison of Antitrust and International Trade Law: 4. Emphasizing differences or commonalities?; 5. Antitrust law; 6. WTO/GATT law; 7. Congruence in efficiency and welfare standards; Part II. The Role of Market Definition: 8. Antitrust law; 9. Article III of the GATT; 10. Conclusion; Part III. Analytical Evolution from the Traditional to the Economic Approach: 11. The traditional formalistic approach; 12. The economic approach; 13. Assessment of the analytical evolution; 14. Conclusion; Part IV. Conceptualizing an Economic Approach to Market Definition: 15. Introduction; 16. Market definition framework: a matter of treaty interpretation; 17. The content of a marketplace-test; 18. Potential competition; 19. The relevant 'market' concept; 20. The role of the traditional criteria; 21. Making sense of the different Article III prohibitions; 22. Conclusion; Part V. The Implementation of an Economic Approach: Quantitative Methods: 23. Introduction; 24. The law and economics of expert economic testimony; 25. Analysis of price elasticities of demand.
Les mer
An in-depth analysis of 'product likeness' in GATT law – the key concept for the application of the non-discrimination principle.

Produktdetaljer

ISBN
9781107031524
Publisert
2012-11-29
Utgiver
Vendor
Cambridge University Press
Vekt
720 gr
Høyde
235 mm
Bredde
155 mm
Dybde
26 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
401

Biographical note

Christian Melischek is a legal trainee at the Regional Court of Appeals in Hamburg. He was previously a Visiting Fellow at the World Trade Institute, University of Bern.