Telecommunications Industry Regulation Legal System Building

Government capture theory was first derived from the industrial economics, the Western market economy, a market failure, the failure of government regulation, proposed by George Stigler,"The Government capture theory laid the foundation for Western vigorous deregulation movement. By studying the capture theory for economists to provide a new vision is no longer just that the government hands regulation of the market, maintaining the operation of the market. The emergence of the capture theory also has a new meaning of the vision of the Law. China’s traditional economy in the telecommunications industry is a natural monopoly industry can not compete, but in fact caused by virtue of the monopoly of the market less competitive forces to undermine the market economy good environment. Captured the emergence of the theory, contribute to the economic law economic problems of cost and economies of scale, our country’s approach to reform is gradual, and different from the shock therapy of Eastern Europe, Soviet Union, our country or in the system changes from top to bottom mandatory changes mainly gradual reform "information processing""institutional Changes in the four, Hubei University of Economics in2003.4, as a starting point, because the old system is still strong the presence of existing organization or basically tend to the old system. The existing system must be preserved, have left behind large-scale state-owned enterprises of the monopoly industries, can not be easily drastic reforms, if the approach taken is inappropriate, too radical reform concessions makes the productivity of the old organization to the rapid collapse in the telecommunications reform to adopt the anti-monopoly as the main way. the legal system to protect the regulatory model. Economic theory "capture theory" as a starting point to analyze captured the phenomenon in China’s telecommunications industry, hazards and the reasons put forward countermeasures against prisoners of war phenomenon and ways to build the telecommunications industry structure put forward their ideas.