The Relevant Market in International Economic Law

A Comparative Antitrust and GATT Analysis

Nonfiction, Reference & Language, Law, International, Business & Finance
Cover of the book The Relevant Market in International Economic Law by Christian A. Melischek, Cambridge University Press
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Author: Christian A. Melischek ISBN: 9781139611138
Publisher: Cambridge University Press Publication: November 29, 2012
Imprint: Cambridge University Press Language: English
Author: Christian A. Melischek
ISBN: 9781139611138
Publisher: Cambridge University Press
Publication: November 29, 2012
Imprint: Cambridge University Press
Language: English

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.

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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.

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