China’s Anti-Monopoly Law: What is the Welfare Standard?
Review of Industrial Organization, Forthcoming
USC CLEO Research Papers Series No. C11-18
USC Legal Studies Research Papers Series No. 11-25
31 Pages Posted: 2 Sep 2011 Last revised: 20 Nov 2011
Date Written: November 18, 2011
Abstract
China’s Anti-Monopoly Law (AML) sets forth the country’s antitrust enforcement policies. We investigate what welfare standard the AML seeks to maximize by examining both its stated language and, via revealed preference, the antitrust actions taken by the Anti-Monopoly Enforcement Authority.
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