Antitrust Apply

Anti-monopoly law has been a powerful tool to maintain the competition order of the market economy in developed countries. Along with economic globalization and trade obstacle reduction, transnational monopoly acts are increasingly prominent. In the vacancy situation in international anti-monopoly law, many countries, especially the United States and European Union, resort to the extraterritorial application of national monopoly laws to regulate foreign monopolies and restrictions which adversely affect their domestic economy. Such applications bring on national conflictions in jurisdiction and execution etc. In order to resolve the conflictions caused by extraterritorial application of Anti-monopoly law, many countries attempt to establish an effective mechanism to settle the extraterritorial application disputes through bilateral corporation, regional corporation and international corporation. And these various forms of corporations have acquired some achievements.As China's economic strength has increased and China has become an important member of the global economy, the domestic effect of monopolistic behaviors on the international market has become increasingly obvious, which makes establishing extraterritorial application of anti-monopoly law necessary and exigent. The China's Anti-monopoly Law newly promulgated has provided that this law could apply to the extraterritorial monopolistic acts so far as such acts have adversely effect on our domestic economy. As we lack the experience of anti-monopoly, we should make the legislation concretely and practically and enhance the executive system to improve the effect of the extraterritorial application of the Anti-monopoly Law.