The Regulation On China's Credit Card Joint Ventures In Accordance With Anti

The object of the anti-monopoly study on credit card joint ventures is an open platform for it. The nature of the China-union-pay is an open platform. Credit card market is a typical dual-market, and has a network effect of external characteristics. The main problems, in China's banking card industry, are the universal network blocked, the admissibility of the market is still a monopoly and restrictive competition behaviors are also there.At the present, it should apply to the Anti-monopoly Law as a whole, except for exceptional circumstances apply. To construct the anti-monopoly theory is that the Essential Facility Doctrine that the CUP network facilities owned is the essential facility of the bank card industry. Platform for credit card business is divided into areas of natural monopoly areas and areas of non-natural monopolies. In natural monopolies areas, it continues to maintain its monopoly. Only when it is in inappropriate use of this monopoly position to restrict competition, it is only to regulate in accordance with the Anti-monopoly Law. Non-natural monopoly areas should be to introduce competition to break monopolies, create an effective competitive structure.It analyzes the existence of two types of typical restrictive CUP-competitive conducts, namely, abusing of market dominance to the barriers to entry or refusing to trading activities, as well as the behavior of a monopoly agreement. The way to regulate in accordance with the Anti-monopoly Law in credit card joint ventures is to establish an effective competition structure in the issuing and acquiring market, and to open the core networking facility systems of CUP.