The Enforcement of China’s Anti-Monopoly Law during the Financial Crisis: A Comparative Study

Abstract

The economic recession throughout the history has always been accompanied by relaxation or abandonment of anti-monopoly laws, but this crisis is not experiencing substantive recession of anti-monopoly law enforcement in major countries and regions. This has mainly resulted from the recognition that anti-monopoly law enforcement could ease adverse effects of economic recovery. Considering China’s short history of anti-monopoly law enforcement and consistent tradition of government intervention in the economy, more strict anti-monopoly law enforcement should be adopted, and more attention should be paid to government-led anti-competitive efforts.

Keywords

financial crisis / anti-monopoly law / competition policy / industrial policy

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2014 Higher Education Press and Thomson Reuters