A Consultation and Conciliation Procedure on Restrictive Business Practices Affecting International Trade

• DOI: 10.1177/0003603X7401900205
• Published date: 01 June 1974
• Date: 01 June 1974

ACONSULTAnON AND CONCILIATIO'N

PROCEDURE

ON

RESTRICTIVE

BUSINESS

PRACTICES AFFECTING

INTERNATIONAL TRADE

PRESS/

A (73) 54

Paris,

20th December 1973

The OECDCouncil has

just

authorised the de-restriction

of the Recommendation concerning aconsultation

and

con-

ciliation procedure on restrictive business practices affecting

international trade."

The1973 Recommendation follows upon

and

complements

the1967 Recommendation on co-operation between Member

countries in thefield of restrictive business practices affecting

international trade. In relation tothe1967 Recommendation

it represents asignificant new step

forward

towards co-opera-

tion in this field.

The1967 Recommendation established avoluntary proce-

dure

for

prior

notification of

antitrust

investigations

and

pro-

ceedings by one Member country when

important

interests

of

another

Member country were involved

and

it

also pro-

vided

for

the co-ordination of action

and

exchanges of in-

formation between Member countries.

The

effective use made

by Member countries of this Recommendation has demon-

strated

its

utility.

The1973Recommendation provides avoluntary procedure

both

for

consultation

and

conciliation with a view to finding

solutions to cases of restrictive business practices adversely

affecting international trade. The principles and charac-

teristics of this procedure may be summarized as follows:

Consultation:

When restrictive business practices considered by a Mem-

ber

country to be harmful to international

trade

are

*The

text

of this Recommendation is attached. [See preceding

article.]

287