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Interplay of Competition Law and Free Trade Agreements in Regulating State-Owned Enterprises 竞争法与自由贸易协定在国有企业规制中的相互作用
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.8
M. Matsushita
Abstract State-Owned Enterprise (SOEs) are business entities owned by governments. Unlike private enterprises which operate on profit-motivation, SOEs often act on motives different from profit-making such as fulfilment of governmental or political purposes. Due to this peculiar feature, activities of SOEs sometime are disruptive of competitive market. In order to regulate activities of SOEs so that international market would not be unduly disturbed, GATT: Article XVII states that SOEs shall operate on a profit-motive in international trade. More recently, CPTPP (Comprehensive and Progressive Agreement on Trans-Pacific Partnership) and other FTAs include chapters devoted to the regulation of SOEs which provide that Contracting Parties ensure that their SOEs act on profit-motive so as not to cause disruption to the international market. On the other hand, competition laws of trading nations provide rules for prohibiting abusive conducts of dominant enterprises and this includes the prohibition of abuses by SOEs. However, applications of those two sets of regulations (GATT and CPTPP on one hand and competition laws on the other) are made independently from each other without being coordinated. This article surveys details of regulation of SOEs under CPTPP as a representative example of FTAs regulation and of competition laws of nations and suggests ways in which those two sets of rules can be coordinated in order to increase the effectiveness of legal disciplines imposed on SOEs’ activities.
摘要国有企业是政府所有的商业实体。与以盈利为动机的私营企业不同,国有企业往往以不同于盈利的动机行事,例如实现政府或政治目的。由于这种特殊性,国有企业的经营活动有时会破坏竞争市场。为了规范国有企业的活动,使国际市场不会受到不适当的干扰,关贸总协定第十七条规定,国有企业在国际贸易中应以营利为动机。最近,CPTPP(跨太平洋伙伴关系全面与进步协定)和其他自由贸易协定包括专门针对国有企业监管的章节,规定缔约方确保其国有企业基于利润动机行事,以免对国际市场造成干扰。另一方面,贸易国的竞争法规定了禁止占主导地位的企业滥用权力的规则,其中包括禁止国有企业滥用权力。然而,这两套法规(一方面是关贸总协定和CPTPP,另一方面是竞争法)的适用是相互独立的,没有经过协调。本文调查了CPTPP下国有企业监管的细节,作为自由贸易协定监管和各国竞争法的代表性例子,并提出了协调这两套规则的方法,以提高对国有企业活动的法律纪律的有效性。
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引用次数: 3
Economic Interventionism and International Trade Law in the Covid Era 新冠肺炎时代的经济干预主义与国际贸易法
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.13
L. Borlini
Abstract Economic interventionism in the form of subsidization and operation of state-owned enterprises (SOEs) is today among the main frontlines of international trade conflicts. Along with trade restrictions and new legislation designed to impact cross-border investment, mergers, and acquisitions, the use of subsidies and countervailing measures by governments and trade-distorting effects of SOEs have lately caused harsh controversies within and outside the World Trade Organization (WTO) between its members. Going forward, there are reasons to expect these tensions to intensify rather than diminish in number and importance. This Special Issue aims at examining the development of international trade rules regulating state interventionism against the background of the Covid-19 global pandemic and present shifts in global geopolitics and the economy. This introduction, in presenting the state of the art on the questions tackled by this Special Issue and highlighting its contribution to existing literature on the topic, offers different considerations aimed at bringing together various trends emerging from the Articles contained in this Special Issue. It also explores avenues for further research and reflection.
以补贴和国有企业运营为形式的经济干预主义是当今国际贸易冲突的主要前线之一。除了贸易限制和旨在影响跨境投资、兼并和收购的新立法外,政府使用补贴和反补贴措施以及国有企业的贸易扭曲效应最近在世界贸易组织(WTO)内部和外部引起了成员之间的激烈争议。展望未来,有理由预计这些紧张局势在数量和重要性上会加剧而不是减少。本期特刊旨在探讨在新冠肺炎全球大流行的背景下,规范国家干预主义的国际贸易规则的发展,以及当前全球地缘政治和经济的变化。这篇引言介绍了本特刊所解决问题的最新情况,并强调了它对该主题现有文献的贡献,提供了不同的考虑,旨在汇集本特刊文章中出现的各种趋势。它还探索了进一步研究和反思的途径。
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引用次数: 0
How to Think About the Battle for the State at the WTO 如何思考WTO中的国家之争
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.3
Anne Orford
International trade law has long been the site of a battle over who or what the state can represent. Today, that battle is taking a new form. While for decades the WTO was considered a centerpiece of the international economic order, the policy landscape is now awash with claims that the US should abandon WTO disciplines, critiques of the WTO as the vehicle for a coherent neoliberalism, and concerns about the implications of trade law for domestic industry, democratic participation, climate action, and national security. While I am a long-standing critic of trade law’s excesses, I don’t see that sudden shift as a cause for celebration. In order to understand why, I argue that it is necessary to pay careful attention to the different forms the battle for the state at the WTO has taken. This article explores the conditions and stakes of three key moments in that battle – the negotiation of the GATT and the era of decolonization, the end of the Cold War and the creation of the WTO, and the recent transformations caused by the decline of US power, the rise of China, and the systemic shock of climate change. I conclude that we cannot automatically apply critiques developed in earlier eras to the current situation.
长期以来,国际贸易法一直是一场关于国家可以代表谁或什么的争论的焦点。如今,这场斗争正在以一种新的形式出现。几十年来,世贸组织一直被认为是国际经济秩序的核心,但现在的政策格局充斥着美国应该放弃世贸组织纪律的主张,对世贸组织作为连贯的新自由主义载体的批评,以及对贸易法对国内工业、民主参与、,气候行动和国家安全。虽然我长期以来一直批评贸易法的过度行为,但我不认为这种突然的转变值得庆祝。为了理解原因,我认为有必要仔细关注在世贸组织为国家而战所采取的不同形式。本文探讨了这场战斗中三个关键时刻的条件和利害关系——关贸总协定的谈判和非殖民化时代,冷战的结束和世贸组织的成立,以及美国实力的衰落、中国的崛起和气候变化的系统性冲击所导致的最近的转变。我的结论是,我们不能自动将早期提出的批评应用于当前局势。
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引用次数: 2
Disciplining Subsidies Through Free Trade Agreements (FTAs): Emerging Developments in Japan’s FTAs and Their Implications 通过自由贸易协定约束补贴:日本自由贸易协定的新发展及其影响
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.6
Aya Iino
Abstract The international economic order is undergoing significant change. Most recently, key countries have been seeking to increase their level of economic security, including through increased industrial subsidies. Regulating subsidies is controversial, but undisciplined subsidy payments could be harmful for the healthy functioning of markets and balanced development among nations. In this regard, the GATT-WTO has regulated subsidies, but it has not been fully functional in recent years, and reform efforts do not appear to be bearing fruit soon. Therefore, in parallel with WTO reform efforts, reliance on other approaches, such as discipline through free trade agreements (FTAs), should be considered. Disciplining subsidies through FTAs is inherently difficult, given the cross-border nature of subsidies on the one hand and the geographical limitations of the FTA’s scope of application on the other. In recent years, however, such disciplines in FTAs have begun to appear, starting with EU FTAs. Thus, this article explores the possibilities and limitations of the discipline of subsidies through FTAs, using Japan’s FTAs as a case study, to approach the path to international control of subsidies. Accordingly, this article first reviews the range of related issues and developments, including characteristics of subsidies, the rationale for subsidy discipline in trade agreements, recent challenges to multilateral subsidy discipline, the current status of subsidy discipline through FTAs, and the background of subsidy discipline in EU FTAs. The article then identifies the WTO-plus elements that are distinct to subsidy disciplines in EU FTAs and discusses their implications. Through these, it highlights the perspectives needed when considering subsidy discipline through FTAs, examines Japan’s FTAs in light of these perspectives, and presents the findings and implications thereof. Considerations are given to Japan’s FTA/trade policy as a background for its subsidy discipline through FTAs, the current status and characteristics of subsidy disciplines in Japan’s FTAs, the Agreement Between the European Union and Japan for an Economic Partnership’s (JPN-EU) subsidy-related provisions as drastic change, the effects on the Asia-Pacific region, and future prospects.
摘要国际经济秩序正在发生重大变化。最近,主要国家一直在寻求提高其经济安全水平,包括通过增加工业补贴。监管补贴是有争议的,但无纪律的补贴支付可能对市场的健康运作和国家间的平衡发展有害。在这方面,GATT-WTO对补贴进行了监管,但近年来尚未充分发挥作用,改革努力似乎也没有很快取得成果。因此,在世贸组织改革努力的同时,应该考虑依赖其他办法,例如通过自由贸易协定实行纪律。考虑到补贴的跨境性质和自由贸易协定适用范围的地理限制,通过自由贸易协定约束补贴本身就很困难。然而,近年来,从欧盟自由贸易协定开始,自由贸易协定中的此类学科开始出现。因此,本文以日本的自由贸易区为例,探讨了自由贸易区补贴纪律的可能性和局限性,探讨了补贴国际管制的路径。因此,本文首先回顾了一系列相关问题和发展,包括补贴的特点、贸易协定中补贴纪律的基本原理、多边补贴纪律最近面临的挑战、通过自由贸易协定实施补贴纪律的现状以及欧盟自由贸易协定中的补贴纪律背景。然后,文章确定了与欧盟自由贸易协定中的补贴纪律不同的WTO+要素,并讨论了它们的含义。通过这些,它强调了通过自由贸易协定考虑补贴纪律所需的视角,并根据这些视角审视了日本的自由贸易协定,并介绍了其调查结果和影响。考虑到日本的自由贸易协定/贸易政策作为其通过自由贸易协定实施补贴纪律的背景,日本自由贸易协定中补贴纪律的现状和特点,欧盟与日本经济伙伴关系协定(JPN-EU)补贴相关条款的剧烈变化,对亚太地区的影响,以及未来前景。
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引用次数: 0
The Covid 19 Exogenous Shock and the Crafting of New Multilateral Trade Rules on Subsidies and State Enterprises in the Post-Pandemic World 2019冠状病毒病的外生冲击与大流行后世界补贴和国有企业多边贸易新规则的制定
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.12
L. Borlini
Abstract This Article discusses existing WTO rules on subsidies and state enterprises, relevant caselaw and reform prospects in light of key geopolitical developments and changes in the global economy emerging in the aftermath of the Covid-19 pandemic. Following a general introduction, the Article critically analyzes present WTO rules on industrial subsidies, focusing inter alia on the new problems raised by activist industrial policies pursued by global trading powers, foreign subsidization, the climate change shock and environmental exigencies. It then shifts attention to the application of WTO rules on subsidies to the state sector and the increasing demands for new international trade rules on non-subsidies measures to address the negative spillover effects on trade from government influence on state-owned enterprises (SOEs). With respect to each of these matters, the Article first clarifies the terms of the problem in relation to existing WTO rules and caselaw, and next examines the question of how, and to what extent, “deeper” free trade agreements (FTAs)—those that experts designate as models for WTO reforms on the matter—establish new rules that permit to adequately address the trade concerns raised by SOEs’ commercial and financial activities. Based on this multi-layered analysis, the article concludes by examining prospects of reform of WTO rules on state interventionism.
摘要本文根据新冠肺炎大流行后出现的关键地缘政治发展和全球经济变化,讨论了世贸组织关于补贴和国有企业的现行规则、相关判例法和改革前景。在一般性介绍之后,该条批判性地分析了世贸组织关于工业补贴的现行规则,特别侧重于全球贸易大国推行的积极工业政策、外国补贴、气候变化冲击和环境紧急情况带来的新问题。然后,它将注意力转移到世贸组织关于对国有部门补贴的规则的适用,以及对非补贴措施的新国际贸易规则的日益增长的需求,以解决政府对国有企业的影响对贸易的负面溢出效应。关于每一个问题,该条首先澄清了与世贸组织现有规则和判例法有关的问题的条款,然后审查了如何以及在多大程度上,“更深层次”的自由贸易协定(FTA)——专家们将其指定为世贸组织改革的模式——建立了新的规则,允许充分解决国有企业商业和金融活动引发的贸易问题。基于这种多层次的分析,文章最后考察了WTO国家干预主义规则改革的前景。
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引用次数: 0
Blind Spot: Trade and Competition Law—the Space Between the Silos 盲点:贸易与竞争法——孤岛之间的空间
Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.9
Eleanor M. Fox
Abstract Trade law and competition law have grown up in their separate silos. This means that restraints by the states and restraints by private parties are treated in separate boxes, and with few exceptions, they have been treated so through the years. Yet, some of the worst restraints that do some of the greatest damage are best characterized by the synergy between the two. These trade-and-competition, or hybrid public/private, restraints fall under the radar screen, and defendants in litigation play one set of laws off against the other, hiding behind limits and immunities. This is the Blind Spot of the Article’s title – the space between the silos. This Article unearths the Blind Spot, gives examples of what we know and what we need to know, and proposes a methodology to illuminate and eliminate the Blind Spot.
贸易法和竞争法是在各自的孤岛中成长起来的。这意味着国家的限制和私人方面的限制是分开处理的,多年来,除了少数例外,它们一直是这样处理的。然而,造成最大损害的一些最糟糕的限制,最好的特点是两者之间的协同作用。这些贸易与竞争的限制,或者公私混合的限制,都在雷达屏幕之下,诉讼中的被告躲在限制和豁免后面,用一套法律来对抗另一套法律。这就是文章标题的盲点——孤岛之间的空间。本文揭示了盲点,给出了我们所知道的和我们需要知道的例子,并提出了一种阐明和消除盲点的方法。
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引用次数: 0
GLJ volume 24 issue 1 Cover and Front matter GLJ第24卷第1期封面和封面
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.20
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引用次数: 0
The Biden Administration’s Trade Policy: Promise and Reality 拜登政府的贸易政策:承诺与现实
IF 1.3 Pub Date : 2023-02-01 DOI: 10.1017/glj.2023.7
T. Schoenbaum
Abstract This Article critically analyzes seven elements of the Biden administration trade policy: (1) buy American; (2) tariffs; (3) World Trade Organization; (4) free trade agreements; (5) China; (6) technology; and (7) Russia. Although President Biden has made a clean break from Trump policies in many areas, this is not the case when it comes to international trade. Regretfully, Biden has chosen to keep in place most of the failed trade policies of his predecessor—the Trump tariffs and the China trade war. It is not too late to shift ground, to negotiate mutual abolition of the Trump tariffs, to open free trade negotiations with the EU and UK, to join the Comprehensive and Progressive Trans-Pacific Partnership, to adopt a multilateral strategy with allies to check Chinese trade excesses, and to reengage with the World Trade Organization. Topping the list of needed reforms of the multilateral trading system are: (1) subsidies; (2) state-owned enterprises; and (3) forced technology transfer. These are best addressed through a WTO plurilateral agreement and/or preferential trade agreements. The Biden administration should prioritize these urgent reforms. Rather than promoting “free” trade and multilateral trade reforms, the Biden administration continues its predecessor’s nationalistic policies so that trade serves domestic political ends. Such state intervention in trade policy consists of the strategic use of tariffs, subsidies, “buy American” rules, and regional trade arrangements without regard to the rules of the multilateral trading system. These new policies represent a decisive retreat from globalization and openness to trade. The Congress, directed by the Biden administration, has adopted a far-reaching industrial policy in the form of four laws that subsidize key sectors of the U.S. economy: American Rescue Plan Act ($40 billion); Infrastructure and Jobs Act ($1.2 trillion); Inflation Reduction Act ($369 billion); and Chips Act ($252.7 billion). This subsidization coupled with “buy American” protectionism constitute a departure from the free trade ideal that has characterized U.S. policy since the end of World War II.
摘要本文批判性地分析了拜登政府贸易政策的七个要素:(1)购买美国货;(2)关税;(三)世界贸易组织;(四)自由贸易协定;(5)中国;(6)技术;(7)俄罗斯。虽然拜登总统在许多领域与特朗普的政策彻底决裂,但在国际贸易方面却并非如此。遗憾的是,拜登选择了保留其前任失败的大部分贸易政策——特朗普的关税和中国贸易战。现在改变立场,就相互取消特朗普关税进行谈判,与欧盟和英国开启自由贸易谈判,加入《全面与进步跨太平洋伙伴关系协定》(Comprehensive and Progressive Trans-Pacific Partnership,简称tpp),与盟友一起采取多边战略,遏制中国的过度贸易行为,并重新加入世界贸易组织(wto),还为时不晚。多边贸易体制需要改革的首要事项是:(1)补贴;(二)国有企业;(3)强制技术转让。这些问题最好通过世贸组织诸边协定和/或优惠贸易协定来解决。拜登政府应该优先考虑这些紧迫的改革。拜登政府没有推进“自由”贸易和多边贸易改革,而是延续了前任政府的民族主义政策,让贸易服务于国内政治目的。这种国家对贸易政策的干预包括战略性地使用关税、补贴、“购买美国货”规则和区域贸易安排,而不考虑多边贸易体系的规则。这些新政策代表着全球化和贸易开放的决定性倒退。在拜登政府的领导下,国会通过了一项影响深远的产业政策,以四项法律的形式补贴美国经济的关键部门:美国拯救计划法案(400亿美元);基础设施和就业法案(1.2万亿美元);通货膨胀减少法案(3690亿美元);和筹码法案(2527亿美元)。这种补贴加上“购买美国货”的保护主义,背离了自二战结束以来美国政策的自由贸易理想。
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引用次数: 0
Social Media Platforms within Internal Market Construction: Patterns of Reproduction in EU Platform Law 内部市场建设中的社交媒体平台:欧盟平台法中的复制模式
IF 1.3 Pub Date : 2022-12-01 DOI: 10.1017/glj.2022.80
Miikka Hiltunen
Abstract The European Union’s new regulatory agenda targeting online platforms such as social media has been presented as a progressive watershed moment after a long period of regulatory restraint. The attempt to construct an internal market lends legal competence to the two centerpieces of this agenda—the Digital Services Act (DSA) and the Digital Markets Act (DMA). This Article analyzes the Union’s attempts to govern online platforms as a part of internal market construction. After examining the underlying aims of the internal market, the Article proceeds to analyze how those aims have been operationalized in existing EU electronic commerce law and more recently in the DSA and DMA proposals. The Article argues that the Union regulatory agenda is not particularly transformative. While the DSA and DMA introduce many novel regulatory mechanisms with an equalizing potential, they also remain faithfully committed to the aims and pre-existing mechanisms of internal market construction that have enabled the rise of platform corporations in the first place. Thus, the proposals risk reproducing and legitimizing various inequalities in the European digital economy. The article seeks to connect alternative visions of platforms with the re-imagination of internal market construction.
摘要欧盟针对社交媒体等在线平台的新监管议程在经历了长期的监管约束后,被视为一个进步的分水岭。构建内部市场的尝试为这一议程的两个核心——《数字服务法》(DSA)和《数字市场法》(DMA)——提供了法律权限。本文分析了欧盟作为内部市场建设的一部分对在线平台进行管理的尝试。在审查了内部市场的基本目标后,文章继续分析这些目标是如何在现有的欧盟电子商务法以及最近的DSA和DMA提案中实施的。文章认为,欧盟的监管议程并不是特别具有变革性。虽然DSA和DMA引入了许多具有均衡潜力的新监管机制,但它们也忠实地致力于内部市场建设的目标和预先存在的机制,这些机制最初使平台公司得以崛起。因此,这些提案有可能再现欧洲数字经济中的各种不平等现象并使其合法化。本文试图将平台的另类愿景与内部市场建设的重新想象联系起来。
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引用次数: 1
GLJ volume 23 issue 9 Cover and Front matter GLJ第23卷第9期封面和封面问题
IF 1.3 Pub Date : 2022-12-01 DOI: 10.1017/glj.2022.82
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引用次数: 0
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German Law Journal
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