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Barrier to free market access is against WTO spirits: PHDCCI

PTI - New Delhi

The anti-competitive entry barriers in foreign markets was a major obstacle in promoting a free trade order globally, the PHD Chamber of Commerce and Industry has said. “The problems of market access would surely intensify and the line between public and private restraints will be more blurred,” PHDCCI said in a statement.

The market access protocol of the Uruguay Round promises to regularise and institutionalise the means to eliminate the improper private restraint, it said. The protocol aims at narrowing the scope of extra-territorial competition and use of anti-dumping law.

It said the issue of anti-competitive entry barriers has come before the WTO in the form of the famous Kodak-Fuji case. The dispute case was between Japan and the US, where it was alleged that Fuji had prevented Kodak’s exports to Japanese market by controlling the distribution channel.