Abstract

The development of an effective system of competition law typically is difficult and time- consuming. The challenge of building a competition law regime is particularly challenging in China, where the initial conditions conducive to successful implementation were largely lacking when the Antimonopoly Law took effect in 2008. Despite these impediments, China has made extraordinary progress in building the enforcement infrastructure and in applying the law. Continued improvement of China's competition law regime will require a reassessment of the existing distribution of authority across three agencies and consideration of a new framework that consolidates enforcement responsibility in one agency with greater decision making autonomy. Enhancements in resources, personnel, procedures, and judicial oversight also will advance the implementation of China's competition law system.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.