The Research Of China’s Banking Anti-monopoly Rule

Since the explosion of the financial crisis in2008, the situation of the worldeconomy has experienced great changes, as the sluggish foreign market demand, thedomestic economy remains tight, the profit margin of the real economy has narrowedadditionally, our government has greatly determined to promote economic structuraladjustment, GDP growth expectation has been gradually reduced, the domesticeconomy seems to be at a low growth during a certain period. In contrast, the banking istoo much different and has achieved great development, high profit margins hasconstantly challenged our sensitive nerve, therefore, whether the existence of bankingmonopolization has once again went back to our attention and it is also difficult todetermine whether it is right or not about the banking monopoly controversy. It isconcluded that there is too much controversy of the banking monopoly both inacademics and members of the industry, which leads to weak banking supervision and itis also contributed to the main obstacle of improving banking management andenhancing its core competitiveness.Therefore, in my article, the banking monopoly has been studied and researchedonce again, the practical and effective measures have been broached, which is expectedto attract more scholars and experts and advance the healthy and sustainabledevelopment of China’s banking industry.With comprehensiveness and complexity of banking antitrust, my article appliesthe comprehensive analysis to study the development history, current situation, specificperformance and institutional factors of China’s banking monopoly, behind;Comparative analysis to learn the antitrust in banking legal system and law enforcementagencies setting up in the United States and the European Union; Theoretical andempirical analysis to focus on well-known domestic banking antitrust and enforcementcases, analyzing the characteristics of China’s banking monopoly and the problems ofantitrust law, at the same time, my article puts forward my own recommendations inthree areas of legislation, law enforcement, administration of Justice.The main innovation in my article lies in the study of changes in the Bankmonopoly and its essence at the new stage of the development of new industries;discrimination and analysis of the supervision of the system, administration andmonopoly of the Bank itself, through which reveals the essence of the banking monopoly in China. Due to lack of the judicial practice of antitrust to learn from whendestining banking monopoly activity, I am strictly in accordance with the relevantprovisions of the antitrust laws, combined with the banking own particularity andconsumer psychology of its customers, exploringly defines the relevant market, marketdominance, in order to provide the basis for monopoly identification. At the same time,I utilize the advanced experience and legislative practices of the United States, theEuropean Union and other Western countries on the banking anti-monopoly, which atthe same time of strengthening the enforcement of national law enforcement agencies,promote active development in the banking anti-monopoly more from the point ofconsumers’view.