Competition and Sustainable Development in China: A Comprehensive Analysis
Delve into the intersection of competition law and sustainable development in China, exploring key aspects such as enforcement outcomes, legislative background, and policy implications. Understand how competition law aligns with broader development goals for innovation, wellbeing, and price regulation. Discover the nuanced link between competition policy and sustainable development objectives in the Chinese context.
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Presentation Transcript
Competition and Sustainable Development in China Dr Wendy Ng, Adelaide Law School, The University of Adelaide 4th CUTS-CIRC Biennial Competition, Regulation & Development Conference Nairobi, 12-13 December 2015
Overview Introduction to China s competition law Linking competition policy to the the broader development agenda Competition enforcement outcomes and sustainable development
Background to Chinas Anti- Monopoly Law (AML) Enacted in 2007, came into effect on 1 August 2008 Covers horizontal and vertical anticompetitive agreements, abuses of dominance, anticompetitive mergers, and anticompetitive abuses of administrative power Divided enforcement structure 3 agencies Ministry of Commerce (MOFCOM) mergers National Development and Reform Commission (NDRC) price related non-merger conduct State Administration for Industry and Commerce (SAIC) non- price related non-merger conduct
Linking competition law to the development agenda From the very beginning, the Chinese government has linked competition law to the broader development agenda Part of the legal system to support a market economy Coordination role to achieve development outcomes Competition law is discussed in the context of: Innovation and innovation driven development People s wellbeing and livelihood Price regulation and stabilisation
Competition enforcement and sustainable development Focus on intellectual property issues Essential goods and services as priority areas Increasing use of AML to address pricing issues
Conclusion Competition law and policy is part of the Chinese government s broader reform and development agenda Express link between competition policy goals and sustainable development goals which affects the competition law discourse Some competition enforcement outcomes are consistent with sustainable development objectives
