Recommendation of the Council (Oecd) concerning a Consultation and Conciliation Procedure on Restrictive Business Practices Affecting International Trade

• DOI: 10.1177/0003603X7401900204
• Published date: 01 June 1974
• Date: 01 June 1974
• Subject Matter: Article

RECOMMENDATION OF THE COUNCIL

(OECD)

CONCERNING ACONSULTATION AND CONCILIATION

PROCEDURE

ON

RESTRICTIVE

BUSINESS

PRACTICES

AFFECTING INTERNATIONAL

TRADE

The Council,

Having

regard

to Article 5(b) of the Convention on the

Organisation

for

Economic Co-operation and Development

of 14th December, 1960;

Having

regard

to the Resolution of the Council of 5th De-

cember, 1961, concerning Action in the

Field

of Restrictive

Business Practices

and

the Establishment of a Committee

of

Experts;

Having

regard

to the Recommendation of the Council of

5th October, 1967, concerning Co-operation between Member

Countries on Restrictive Business Practices Affecting

Inter-

national

Trade;

Having

regard

to the

Report

by the Committee of

Experts

on Restrictive Business Practices of 4th

June,

1973, concern-

ing a Consultation

and

Conciliation Procedure on Restrictive

Business Practices Affecting International

Trade;

Recognising

that

restrictive business practices

may

con-

stitute

an

obstacle to the achievement of the economic growth

and

trade

expansion aims of Member countries and

may

con-

tribute to the inflationary process;

Recognising

that

closer co-operation between Member

countries is needed to deal effectively with restrictive busi-

ness practices operated by enterprises situated in Member

countries when they affect the interests of one or more other

Member countries

and

when they have aharmful effect on

international

trade;

Considering

that

aconsultation

and

conciliation procedure

in this field should be provided on a

voluntary

basis,

it

being

understood

that

such co-operation should

not

in any way be

construed to affect the legal positions of Member countries,

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