Sovereign

Summary of Sovereign

The supreme political power that, within its own defined geographical boundaries, is accountable to no authority higher than its own.

(Main Author: William J. Miller)

Sovereign Compulsion and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Sovereign Compulsion: A legal doctrine in the United States, according to which antitrust liability may be avoided when concerted action by private companies is taken at the direction of a government agency, such as price undertakings or voluntary restraint agreements.

In the United States

For information about Sovereign in the context of international trade, click here

Sovereign and the Laws of International Trade

Petitioning of sovereigns

Competition Implications of Doing Business Overseas

Resources

See Also

Further Reading

• Information about Sovereign in the Encyclopedia of World Trade: from Ancient Times to the Present (Cynthia Clark Northrup)