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Transplanting Antitrust In China: Economic Transition, Market Structure, And State Control, Wentong Zheng
Transplanting Antitrust In China: Economic Transition, Market Structure, And State Control, Wentong Zheng
UF Law Faculty Publications
This Article examines the compatibility of Western antitrust models as incorporated in China's first comprehensive antitrust law – the Antimonopoly Law ("AML") – with China's local conditions. It identifies three forces that shape competition law and policy in China: China's current transitional stage, China's market structures, and pervasive state control in China's economy. This Article discusses how these forces have limited the applicability of Western antitrust models to China in three major areas of antitrust: cartels, abuse of dominant market position, and merger review. Specifically, it details how these forces have prevented China from pursuing a rigorous anti-cartel policy, how …