The Relationship between Competition Policies and International Trade

Abstract

In the era of developing free markets all over the globe, international trade agreements between sovereigns have worked out to minimize the tariff and non-tariff barriers for free and fair trade amongst nations, but the market players have not responded in the same direction. The old school government sanctioned tariff and non-tariff barriers are getting replaced by the anticompetitive agreements between the market players which are out of the regulatory scope of World Trade Organization (“WTO”). In this research paper the researcher is analyzing the impact of competition policies on international trade and in addition to this he is also trying put forth the idea of International Competition Policy Regulatory Framework to regulate the policies..