Is there an inherent conflict between competition and trade policies, or are the two policy areas complementing each other? The relationship between competition and trade policies, and the development of an effective competition policy for an integrated world economy, is one of the most important and challenging issues policy makers presently face. This book examines current debates around competition and trade policy interactions, and discusses the need for new policy initiatives in an international context. The papers in this collection are presented in five parts which discuss in turn: general principles and issues; network industries and telecommunications; European Economic Area policies, notably the initiative taken by Commissioner for Competition, Karel van Miert, for developing an EU competition policy for the new trade order; and recent development policy aspects. The final part of this book contains background papers for panel discussions on vertical restraints and business perspectives, respectively, in an international trade and competition policy context.