Review Article
An Evaluation of the First Five Years of China's Anti-Monopoly Law
Liyang Hou*Associate Professor, KoGuan Law School, Shanghai Jiao Tong University, China
- *Corresponding Author:
- Liyang Hou
Associate Professor
KoGuan Law School
Shanghai Jiao Tong University, China
Tel: +86 21 5474 0000
E-mail: liyang.hou@sjtu.edu.cn
Received Date: October 10, 2014; Accepted Date: November 28, 2014; Published Date: December 11, 2014
Citation: Hou L (2014) An Evaluation of the First Five Years of China’s Anti- Monopoly Law. J Civil Legal Sci 3:136. doi:10.4172/2169-0170.1000136
Copyright: © 2014 Hou L. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Abstract
The Anti-Monopoly Law of the People’s Republic of China came into effective on 1 August 2008. The last five years have witnessed a great deal of progress made by the Chinese competition authorities. This article aims to evaluate the enforcement of the AML at its fifth anniversary. It first introduces the process of establishing competition authorities and the adoption of enforcing guidelines, and then provides an overview of public and private enforcement during the period between 2008 and 2013. An assessment of enforcement is not only reflective of some weaknesses of the law but also a level of dissatisfaction from the general public. An in-depth analysis is offered to underpin some key reasons for this general dismay. In the end, some general comments are offered.