Zhao Wei Anti-monopoly, the anti-Who (Figure)

 Wei Zhao, Ph.D. Director, Institute of International Economics, Zhejiang University China Antitrust Law
implementing agency, apparently only small and medium enterprises or

university a The villa is also playing a big discount Tuo Shuren used, and also bought a lot cheaper than the common people. To say very clearly is not boasting. In the present housing market, auto market almost out of control both heating market environment, a car, buy a house does not matter, not much money, but not much choice.

What is more, in China, there are the so-called Not long ago learned from media reports, the domestic inter-regional trafficking of tobacco is among the Just read the report and some surprise, after carefully pondering to figure out, at home, with a brand of cigarettes, in the regions of the In order to safeguard the interests of tobacco companies is not permitted inter-regional

However, a look
the literature will be a little difficult to find, unite in the act, in the general market economy countries, especially Europe and the developed market economies, is to be classified as under the anti-What price discrimination? Market economy country in accordance with the general definition of the law is the same supplier of goods or services for purchase to charge different prices in different behavior. Popular point is that General market economy The Generally speaking, companies will have those prices - high elasticity of demand in the low-cost market access strategies, and for those who take low price elasticity of area high strategy.

cf sort of , while the tobacco companies have other pricing areas, especially in local and foreign market price Sort of price discrimination, in the general market economies will likely be investigated by the antitrust agencies to implement, even if the judiciary turned a blind eye, will be as Once proof of illegal enterprises should be severely punished. Mostly because of legal deterrence, in the mature Western market economies, such price discrimination is often difficult to become very popular. However, nowadays in China, the price of such blatant acts of discrimination, even What is even more regrettable that, even if the national authorities in the newly released anti-monopoly control of such price discrimination is also hard to find traces of behavioral intentions.

I think that the blatant price discrimination is small, but its damage is quite substantial. However, an objective point of view, such price discrimination ratio approach to monopoly industries, can be described as dwarfed. Giant enterprises, especially in the Most are from the company have the final say, of course, often as a Ever since we are not without regret that, whenever a loss of monopoly industries, the first thought is that price increases rather than cutting costs, but no bankruptcy thing. And their loss is often co-exist, especially the management of high employee benefits and high wages. Such monopolistic behavior, in fact, is not subject to implementing agency control the current anti-monopoly law. China Antitrust Law to the implementing agencies, apparently only small and medium enterprises or Do not say to ignore what the root cause of the monopoly of production.

theory, the root cause is the monopoly of production scale of enterprises is too large, too big to have the ability to manipulate market prices, thereby undermining the normal operation of competitive market environment, which led to low efficiency and low efficiency of resource allocation. Which damage the interests of all citizens. Therefore, the legal basis of antitrust is to protect fair competition, which is consistent with the maintenance of social justice, but also consistent with the maintenance of efficiency of resource allocation. Mostly based on this logic, the general anti-monopoly market economy initiative heavy head, is formed to curb monopoly power. From this we see that the U.S. antitrust laws to address him as soon as . Similarly, we see that the birth date from the antitrust laws, the U.S. Department of Justice and Federal Trade Commission and other agencies always the focus of concern is the containment of monopoly power, thus forming a giant monopoly, splitting the Early separation from the oil giant Mobil, the railway company, to split the 70s last century, American Telephone and Telegraph Company (AT & T), then 90's last century, 19 states sued Microsoft. The other hand, since the birth of China's Antimonopoly judicial practice so far, have not yet seen the relevant agencies to lift the legal monopoly of any one stick, let alone split the giant monopoly! Antitrust case, most with a temporary solution tendency.

course again, The face of state-owned enterprises and the Because these enterprises and government agencies to implement anti-monopoly law interests are often the same.

Wei Zhao, Ph.D., director of Zhejiang University, Institute for International Economics