The Enforcement of Merger Control in China: A Critical Analysis of Current Decisions by MOFCOM
Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven...
Ausführliche Beschreibung
Autor*in: |
Choi, Yo Sop [verfasserIn] |
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Format: |
Artikel |
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Sprache: |
Englisch |
Erschienen: |
2013 |
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Schlagwörter: |
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Anmerkung: |
© Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 |
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Übergeordnetes Werk: |
Enthalten in: IIC - Springer Berlin Heidelberg, 1970, 44(2013), 8 vom: 19. Nov., Seite 948-972 |
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Übergeordnetes Werk: |
volume:44 ; year:2013 ; number:8 ; day:19 ; month:11 ; pages:948-972 |
Links: |
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DOI / URN: |
10.1007/s40319-013-0128-0 |
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Katalog-ID: |
OLC2059419069 |
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10.1007/s40319-013-0128-0 doi (DE-627)OLC2059419069 (DE-He213)s40319-013-0128-0-p DE-627 ger DE-627 rakwb eng 340 360 VZ 340 VZ 2 ssgn INTRECHT DE-1a fid Choi, Yo Sop verfasserin aut The Enforcement of Merger Control in China: A Critical Analysis of Current Decisions by MOFCOM 2013 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven market economy. In particular, since China is one of the world’s largest economies, its adoption of a competition law has drawn the attention of trading partners and large multinational enterprises. When examining the current enforcement of competition law in China, it is noteworthy that most cases involve the enforcement of merger control rather than cartels or abuse of market dominance, and the number of merger cases continues to increase significantly. Therefore, understanding merger control is important for an overall understanding of competition policy in China. The Chinese competition regime has improved the techniques for merger assessment, but it also appears to have some problems due to a lack of experience. This article aims to introduce and analyse the recent enforcement and development of Chinese merger control. It also acknowledges fundamental differences between the objectives of Chinese competition law and the objectives of competition law in Western countries, and explains how this eventually results in dissimilar outcomes. Lastly, this article provides proposals for establishing a better merger policy based on the competition-priority principle rather than socio-political values. Comparative competition law Chinese competition law Merger control MOFCOM Youn, Sang Youn aut Enthalten in IIC Springer Berlin Heidelberg, 1970 44(2013), 8 vom: 19. Nov., Seite 948-972 (DE-627)129853747 (DE-600)280974-6 (DE-576)015155234 0018-9855 nnns volume:44 year:2013 number:8 day:19 month:11 pages:948-972 https://doi.org/10.1007/s40319-013-0128-0 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC FID-INTRECHT SSG-OLC-JUR SSG-OLC-BUB SSG-OLC-WIW SSG-OPC-BBI GBV_ILN_11 GBV_ILN_26 GBV_ILN_31 GBV_ILN_40 GBV_ILN_70 GBV_ILN_267 GBV_ILN_2003 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2018 GBV_ILN_2033 GBV_ILN_2062 GBV_ILN_2508 GBV_ILN_4012 GBV_ILN_4029 GBV_ILN_4305 GBV_ILN_4306 AR 44 2013 8 19 11 948-972 |
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10.1007/s40319-013-0128-0 doi (DE-627)OLC2059419069 (DE-He213)s40319-013-0128-0-p DE-627 ger DE-627 rakwb eng 340 360 VZ 340 VZ 2 ssgn INTRECHT DE-1a fid Choi, Yo Sop verfasserin aut The Enforcement of Merger Control in China: A Critical Analysis of Current Decisions by MOFCOM 2013 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven market economy. In particular, since China is one of the world’s largest economies, its adoption of a competition law has drawn the attention of trading partners and large multinational enterprises. When examining the current enforcement of competition law in China, it is noteworthy that most cases involve the enforcement of merger control rather than cartels or abuse of market dominance, and the number of merger cases continues to increase significantly. Therefore, understanding merger control is important for an overall understanding of competition policy in China. The Chinese competition regime has improved the techniques for merger assessment, but it also appears to have some problems due to a lack of experience. This article aims to introduce and analyse the recent enforcement and development of Chinese merger control. It also acknowledges fundamental differences between the objectives of Chinese competition law and the objectives of competition law in Western countries, and explains how this eventually results in dissimilar outcomes. Lastly, this article provides proposals for establishing a better merger policy based on the competition-priority principle rather than socio-political values. Comparative competition law Chinese competition law Merger control MOFCOM Youn, Sang Youn aut Enthalten in IIC Springer Berlin Heidelberg, 1970 44(2013), 8 vom: 19. Nov., Seite 948-972 (DE-627)129853747 (DE-600)280974-6 (DE-576)015155234 0018-9855 nnns volume:44 year:2013 number:8 day:19 month:11 pages:948-972 https://doi.org/10.1007/s40319-013-0128-0 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC FID-INTRECHT SSG-OLC-JUR SSG-OLC-BUB SSG-OLC-WIW SSG-OPC-BBI GBV_ILN_11 GBV_ILN_26 GBV_ILN_31 GBV_ILN_40 GBV_ILN_70 GBV_ILN_267 GBV_ILN_2003 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2018 GBV_ILN_2033 GBV_ILN_2062 GBV_ILN_2508 GBV_ILN_4012 GBV_ILN_4029 GBV_ILN_4305 GBV_ILN_4306 AR 44 2013 8 19 11 948-972 |
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10.1007/s40319-013-0128-0 doi (DE-627)OLC2059419069 (DE-He213)s40319-013-0128-0-p DE-627 ger DE-627 rakwb eng 340 360 VZ 340 VZ 2 ssgn INTRECHT DE-1a fid Choi, Yo Sop verfasserin aut The Enforcement of Merger Control in China: A Critical Analysis of Current Decisions by MOFCOM 2013 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven market economy. In particular, since China is one of the world’s largest economies, its adoption of a competition law has drawn the attention of trading partners and large multinational enterprises. When examining the current enforcement of competition law in China, it is noteworthy that most cases involve the enforcement of merger control rather than cartels or abuse of market dominance, and the number of merger cases continues to increase significantly. Therefore, understanding merger control is important for an overall understanding of competition policy in China. The Chinese competition regime has improved the techniques for merger assessment, but it also appears to have some problems due to a lack of experience. This article aims to introduce and analyse the recent enforcement and development of Chinese merger control. It also acknowledges fundamental differences between the objectives of Chinese competition law and the objectives of competition law in Western countries, and explains how this eventually results in dissimilar outcomes. Lastly, this article provides proposals for establishing a better merger policy based on the competition-priority principle rather than socio-political values. Comparative competition law Chinese competition law Merger control MOFCOM Youn, Sang Youn aut Enthalten in IIC Springer Berlin Heidelberg, 1970 44(2013), 8 vom: 19. Nov., Seite 948-972 (DE-627)129853747 (DE-600)280974-6 (DE-576)015155234 0018-9855 nnns volume:44 year:2013 number:8 day:19 month:11 pages:948-972 https://doi.org/10.1007/s40319-013-0128-0 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC FID-INTRECHT SSG-OLC-JUR SSG-OLC-BUB SSG-OLC-WIW SSG-OPC-BBI GBV_ILN_11 GBV_ILN_26 GBV_ILN_31 GBV_ILN_40 GBV_ILN_70 GBV_ILN_267 GBV_ILN_2003 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2018 GBV_ILN_2033 GBV_ILN_2062 GBV_ILN_2508 GBV_ILN_4012 GBV_ILN_4029 GBV_ILN_4305 GBV_ILN_4306 AR 44 2013 8 19 11 948-972 |
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Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven market economy. In particular, since China is one of the world’s largest economies, its adoption of a competition law has drawn the attention of trading partners and large multinational enterprises. When examining the current enforcement of competition law in China, it is noteworthy that most cases involve the enforcement of merger control rather than cartels or abuse of market dominance, and the number of merger cases continues to increase significantly. Therefore, understanding merger control is important for an overall understanding of competition policy in China. The Chinese competition regime has improved the techniques for merger assessment, but it also appears to have some problems due to a lack of experience. This article aims to introduce and analyse the recent enforcement and development of Chinese merger control. It also acknowledges fundamental differences between the objectives of Chinese competition law and the objectives of competition law in Western countries, and explains how this eventually results in dissimilar outcomes. Lastly, this article provides proposals for establishing a better merger policy based on the competition-priority principle rather than socio-political values. © Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 |
abstractGer |
Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven market economy. In particular, since China is one of the world’s largest economies, its adoption of a competition law has drawn the attention of trading partners and large multinational enterprises. When examining the current enforcement of competition law in China, it is noteworthy that most cases involve the enforcement of merger control rather than cartels or abuse of market dominance, and the number of merger cases continues to increase significantly. Therefore, understanding merger control is important for an overall understanding of competition policy in China. The Chinese competition regime has improved the techniques for merger assessment, but it also appears to have some problems due to a lack of experience. This article aims to introduce and analyse the recent enforcement and development of Chinese merger control. It also acknowledges fundamental differences between the objectives of Chinese competition law and the objectives of competition law in Western countries, and explains how this eventually results in dissimilar outcomes. Lastly, this article provides proposals for establishing a better merger policy based on the competition-priority principle rather than socio-political values. © Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 |
abstract_unstemmed |
Abstract The Anti-Monopoly Law in China took effect in 2008, and it is unquestionable that it has led to a meaningful transformation of economic policy. Chinese competition law has been understood as a constitution for free and fair competition and also an important means of creating a price-driven market economy. In particular, since China is one of the world’s largest economies, its adoption of a competition law has drawn the attention of trading partners and large multinational enterprises. When examining the current enforcement of competition law in China, it is noteworthy that most cases involve the enforcement of merger control rather than cartels or abuse of market dominance, and the number of merger cases continues to increase significantly. Therefore, understanding merger control is important for an overall understanding of competition policy in China. The Chinese competition regime has improved the techniques for merger assessment, but it also appears to have some problems due to a lack of experience. This article aims to introduce and analyse the recent enforcement and development of Chinese merger control. It also acknowledges fundamental differences between the objectives of Chinese competition law and the objectives of competition law in Western countries, and explains how this eventually results in dissimilar outcomes. Lastly, this article provides proposals for establishing a better merger policy based on the competition-priority principle rather than socio-political values. © Max Planck Institute for Intellectual Property and Competition Law, Munich 2013 |
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