Research On The Issue Of Anti-monopoly Legal Regulation Of Cross-border Mergers And Acquisitions

As the main form of international direct investment,cross-border mergers and acquisitions(M&A)are booming all over the world.In cross-border mergers and acquisitions activities,mergers and acquisitions enterprises form a commercial monopoly in the host country through certain channels and means of payment.The monopolistic behavior of transnational mergers and acquisitions has greatly undermined the normal operation of the market economic order,and is not conducive to the sustained and stable economic development.In antitrust legislation,the United States and the European Union have relatively mature experience.At the same time,bilateral cooperation and multilateral cooperation control between countries and regions have also played a positive role in cross-border mergers and acquisitions,anti-monopoly.Compared with the developed countries,due to the lack of legislative tradition and practical experience,there are some problems such as imperfect legal system,unclear definition,imperfect declaration system and disunity of anti-monopoly law enforcement agencies.In view of this situation,it is necessary to perfect the anti-monopoly legal system,clearly define related concepts,strategies to improve the application system and establish a unified anti-monopoly law enforcement agencies,strengthen supervision and management system and strengthen the effectiveness of the extraterritorial application of anti-monopoly law,the anti-monopoly on standardized track,maintain the healthy development of socialism market economy.