NAFTA: Treaty, page 39 by Anonymous
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or governmental purposes and not with a view to commercial resale or with a view to use in the production of goods or provisions of services for commercial sale.
Article 1503: State Enterprises
1. Nothing in this Agreement shall prevent a Party from maintaining or establishing a state enterprise.
2. Each Party, shall ensure, through regulatory control, administrative supervision or the application of other measures, that any state enterprise that it maintains or establishes acts in a manner that is not inconsistent with the Party's obligations under Chapter Eleven (Investment) wherever such enterprise exercises any regulatory, administrative or other governmental authority that the Party has delegated to it, such as the power to expropriate, grant licenses, approve commercial transactions or impose quotas, fees or other charges.
3. Each Party shall ensure that any state enterprise that it maintains or establishes accords nondiscriminatory treatment in the sale of its goods or services to investments in the Party's territory of investors of another Party.
Article 1504: Working Group on Trade and Competition
The Commission shall establish a Working Group on Trade and Competition, comprising representatives of each Party, to report, and to make recommendations on further work as appropriate, to the Commission within five years after the date of entry into force of the Agreement on relevant issues concerning the relationship between competition laws and policies and trade in the free trade area.
Article 1505: Definitions
For purposes of this Chapter:
in accordance with commercial considerations means consistent with normal business practices of privately-held enterprises in the relevant business or industry;
designate means to establish, designate or authorize, or to expand the scope of, a monopoly to cover an additional good or service, after the date of entry into force of this Agreement;
discriminatory provision incl