Legal Regulation Of Administrative Monopoly In China

The development of the market economy depends on the rule of law and competition. But the phenomenon of monopoly blocks the way of proper competition. The regulation of administrative monopoly is important not only for the enterprises and the consumers, but also for the economy in a country. Recently, it appears in our country. But there is no Antitrust Law in China, so it is necessary to make the law.Now the draft of Antitrust Law is being examined by the central authorities of our country. One part of the draft is about administrative monopoly. The article began with the concept of the monopoly including administrative monopoly. With the analysis and comparison of the phenomenon of administrative monopoly and economic monopoly, the author draw a conclusion that after several years' preparation, it is the proper time to make Antitrust Law and make administrative monopoly regulated in order. Also, the author believes that administrative monopoly is more danger than economic monopoly in our country, and the legal measures are the chief methods to regulate administrative monopoly. And with the regulation of other relative methods, the competition of the whole economy in China will be more effective and orderly.