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The Evolution of China’s Anti-Monopoly Law

The Evolution of China’s Anti-Monopoly Law

Xiaoye Wang

China's Anti-Monopoly Law (AML) is one of the youngest and most influential antitrust laws in the world today. This book aims to provide a better understanding of the evolution of China’s AML to the international community through a collection of essays from the most prominent antitrust scholar in China, Professor Xiaoye Wang.

Chapter 15: Some issues surrounding the anti-monopoly enforcement authority in China

Xiaoye Wang

Subjects: asian studies, asian law, law - academic, asian law


When the Standing Committee of the National People’s Congress began to review the draft Anti-Monopoly Law, it was a sign that the promulgation of the Anti-Monopoly Law was just around the corner. The promulgation of the Anti-Monopoly Law is a major event in China’s political and economic life and an important milestone in the reform of China’s economic system. The Anti-Monopoly Law is a law that reflects, and is instinctively and inherently demanded by, the market economy. The promulgation of this law will strongly prove to the world that China has established a socialist market economy. Even though the formulation and promulgation of the Anti-Monopoly Law is very important, whether it is able to play an important role in establishing and safeguarding the order of market competition is largely dependent on whether China is able to establish an effective anti-monopoly enforcement agency. This chapter will refer to US and EU experiences in the enactment and judicial administration of their relevant laws to put forward some views on China’s anti-monopoly enforcement model, the establishment of anti-monopoly administrative enforcement authorities, and the relationship between these authorities and industry regulators.

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