08-30-2018, 09:57 PM
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Free Competition Act
Category: Free Trade
Strength: Strong
Description: The World Assembly,
NOTING that free trade without restrictions keeping competition free and fair can cause harm to the industries of poorer nations,
RESOLVING to reconcile the different points of view of larger and smaller nations to create and enforce genuine free trade,
1. DEFINES, for the purpose of this resolution, "multinational" as any corporation, sector of a government, or individual that does business in two or more WA member states, or any group of two or more corporations, government sectors and individuals, collectively doing business in two or more nations, that finance each other or pool profits;
2. BANS the following actions by multinationals:
a. predatory pricing (lowering prices to unsustainable levels with the intent of forcing competitors out of the market);
b. colluding with other corporations, groups of corporations, sectors of governments, and/or individuals to set up a market allocation scheme (a plan by which the members of the scheme divide up the market between themselves so as not to have to compete with each other);
c. colluding with other corporations, groups of corporations, sectors of governments, and/or individuals to engage in price fixing (agreeing to all charge a certain cost for a good or service);
3. AUTHORIZES the World Assembly Free Trade Commission (WAFTC) to act as an arbitrator for the mandates of this resolution and to take action against multinationals in violation of clause 2;
4. DECLARES that nations may, by mutual agreement and at the pleasure of all involved nations, petition to the WAFTC to be treated as one nation for the purpose of this resolution, which will automatically be granted.
Free Competition Act
Category: Free Trade
Strength: Strong
Description: The World Assembly,
NOTING that free trade without restrictions keeping competition free and fair can cause harm to the industries of poorer nations,
RESOLVING to reconcile the different points of view of larger and smaller nations to create and enforce genuine free trade,
1. DEFINES, for the purpose of this resolution, "multinational" as any corporation, sector of a government, or individual that does business in two or more WA member states, or any group of two or more corporations, government sectors and individuals, collectively doing business in two or more nations, that finance each other or pool profits;
2. BANS the following actions by multinationals:
a. predatory pricing (lowering prices to unsustainable levels with the intent of forcing competitors out of the market);
b. colluding with other corporations, groups of corporations, sectors of governments, and/or individuals to set up a market allocation scheme (a plan by which the members of the scheme divide up the market between themselves so as not to have to compete with each other);
c. colluding with other corporations, groups of corporations, sectors of governments, and/or individuals to engage in price fixing (agreeing to all charge a certain cost for a good or service);
3. AUTHORIZES the World Assembly Free Trade Commission (WAFTC) to act as an arbitrator for the mandates of this resolution and to take action against multinationals in violation of clause 2;
4. DECLARES that nations may, by mutual agreement and at the pleasure of all involved nations, petition to the WAFTC to be treated as one nation for the purpose of this resolution, which will automatically be granted.
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