Posted by Social Science Research Network
The Actavis Inference: Theory and Practice– Liyang Hou (Shanghai Jiao Tong University)
Abstract: The liberalized telecom sector is intertwined with market force, sector-specific regulation and competition rules. While the conflict between market force and sector-specific regulation has been well studied, the conflict between sector-specific regulation and competition rules has attracted less attention in particular in China. The recent Chinese Telecom/China Unicom case, though not a successful antitrust intervention, suggests that the conflict between the two instruments has become tangible. This leads to a question whether it is better to let the two compete or complement. After carrying out a comparative study on the dramatically opposite practices of the EU and the US, this article chooses the US means and nevertheless follows the EU ends. Based on an evaluation whether antitrust intervention can bring added value to effective competition in the Chinese telecom sector, it proposes to establish the supremacy of competition rules and to allow competition rules to intervene into regulated matters.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI