THE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES, COMPETITION AND THE WORLD TRADE ORGANIZATION Might a WTO agreement on competition constitute a threat to OPEC?

CC02021-07-212021-07-212004https://e-bp.inp.pan.pl/handle/123456789/549Does the Organization of Petroleum Exporting Countries (OPEC) have more to lose than to gain from a possible World Trade Organization (WTO) agreement on competition? On the one hand, the absence of such an agreement does not shelter OPEC from lawsuits based on national competition laws; but on the other hand a WTO agreement based on the Doha programme and focussed on the repression of hardcore cartels might encourage suits either at the level of that national legislation or within WTO under the terms of the agreement. Consequently, to avoid legal proceedings at either level, the inclusion of ad hoc provisions in any WTO agreement on this subject will be necessary.enTHE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES, COMPETITION AND THE WORLD TRADE ORGANIZATION Might a WTO agreement on competition constitute a threat to OPEC?Other