New Wine into Old Wineskins: Recent Developments in China's Competition Policy against Monopolistic/Collusive Agreements

Review of Industrial Organization, August 2012, Volume 41, Issue 1-2, pp. 53-75

Posted: 24 Oct 2012  

Xinzhu Zhang

Chinese Academy of Social Sciences (CASS) - Research Center for Regulation and Competition

Vanessa Yanhua Zhang

Global Economics Group, LLC; Renmin University of China

Date Written: 2012

Abstract

China’s anti-monopoly law contains comprehensive legal rules against monopolistic/collusive agreements. However, the legal standards for defining monopolistic agreements and the applicability of exemption and leniency programs need to be further clarified. Moreover, several coordination problems caused by the special organizational features of China’s antitrust institutions need to be addressed carefully. The Chinese antitrust authorities therefore face tremendous challenges in enforcement given both the intrinsic complications of monopolistic conduct and the existence of some inadequacies in the existing competition policy regime.

Keywords: antitrust, competition policy, monopolistic agreements, collusion, cartels

JEL Classification: L1, L4 , K2

Suggested Citation

Zhang, Xinzhu and Zhang, Vanessa Yanhua, New Wine into Old Wineskins: Recent Developments in China's Competition Policy against Monopolistic/Collusive Agreements (2012). Review of Industrial Organization, August 2012, Volume 41, Issue 1-2, pp. 53-75 . Available at SSRN: https://ssrn.com/abstract=2166291

Xinzhu Zhang

Chinese Academy of Social Sciences (CASS) - Research Center for Regulation and Competition ( email )

Beijing, 100732
China

Vanessa Yanhua Zhang (Contact Author)

Global Economics Group, LLC ( email )

1400 S. Dearborn, Suite 1000
Chicago, IL 60603
United States

Renmin University of China ( email )

Room B906
Xianjin Building
Beijing, Beijing 100872
China

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