중국의 반독점법 시행이 ‘시장성격’에 미칠 영향 : 경기 하강기의 파급효과 중심으로

Abstract

China's Anti-Monopoly Law has been effective since August 1,2008. The Law was promulgated for efficiency improvement in China's market mechanism. It was designed to prohibit monopolistic behaviors of corporative organizations in China. Ambiguity and many exceptional clauses of the Law, however, make it difficult for us to have optimistic perspectives for the influence of the Law on market conditions in China. Recently, China's economy has been faced with a possibility of stagflation in the second half of 2008. Given the weakness of China's macroeconomic policies in their accuracy of effectiveness, institutional arrangements such as Anti-Monopoly Law are often used as tools for macroeconomic policy in the country. Even mild stagflation in China equipped with the 'flexible' anti-monopoly law will force Chinese government to substitute market mechanism with some strong administrative industrial policies designed by itself. It is indeed a 'paradox of marketization in China.'