According to gatt.org, new questions about the Iraq war are raised. It might be illegal under international trade law as well:
Six developing nations have lodged a complaint against the US, calling the Iraq War "history's biggest illegal trade subsidy" and "market distortion on a gargantuan scale." "In a free market, companies like Halliburton and Exxon should be funding their own market expansion projects instead of depending on their government for help," said a spokesperson for the consortium.
Readers are advised to note that gatt.org also recently reported the disbanding of the WTO when assessing the credibility of the report above.
To quote Jimbo Wales (on Lessig Blog): "It's a fine story, except for the tiny detail of being completely false."
But someone could complain about the billions of subsidies. That would certainly be an interesting WTO case.
Posted by Karl-Friedrich Lenz at August 16, 2005 09:21 AM