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Implementation of Antitrust Law in Emerging Markets: A Case Study of China
Dan Wei
2014-08
Source PublicationThe Asian Business Lawyer
ISSN2005-0054
Volume14Issue:37Pages:37-60
Abstract

Since the beginning of the new century, several emerging markets have modernized and reformed their national competition laws. China is a good example of growth and maturity of emerging economies in antitrust enforcement. Just in a period of six years, the implementation of the AML becomes increasingly sophisticated and has already surpassed the infancy stage. China's experiences of antitrust regime undergo at least three phases: at the outset, merger control was the key area of enforcement, then monopoly agreements were gradually extended, and now the new territory - being the most controversial issues - the abuse of dominance has also been occupied. Due to a development approach instead of a pure efficiency approach, China does not directly copy the experiences of mature jurisdictions. Sometimes, local enforcement agencies have to make compromises among many different and even contradictory objectives. It is a sign of transition period. In the long run, enforcement of antitrust law should be autonomous from and prevail over the industry policy and other non-competition concerns.

KeywordEmerging Markets China Competition Enforcement Merger Review Behavioral Rules Dominance Leniency Programme
Language英語English
Document TypeJournal article
CollectionFaculty of Law
DEPARTMENT OF MACAO LEGAL STUDIES
AffiliationInstitute for Advanced Legal Studies of Faculty of Law of University of Macau
First Author AffilicationFaculty of Law
Recommended Citation
GB/T 7714
Dan Wei. Implementation of Antitrust Law in Emerging Markets: A Case Study of China[J]. The Asian Business Lawyer, 2014, 14(37), 37-60.
APA Dan Wei.(2014). Implementation of Antitrust Law in Emerging Markets: A Case Study of China. The Asian Business Lawyer, 14(37), 37-60.
MLA Dan Wei."Implementation of Antitrust Law in Emerging Markets: A Case Study of China".The Asian Business Lawyer 14.37(2014):37-60.
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