Competition Policy and Law in China, Hong Kong and Taiwan

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This book is the only comprehensive guide to the competition regimes of China, Hong Kong and Taiwan. Chinese developments are placed in the context of the adoption of competition regimes by developing and transitional states worldwide. The book also considers the pressure of transnational organisations on transitional states to adopt market-based economic strategies. The book adopts an inter-disciplinary approach considering the political, economic and legal issues relevant to competition policy adoption. The paradoxical phenomenon of Communist mainland China seeking to adopt a pro-competition law, whilst capitalist Hong Kong refuses to do so, is explained and contrasted with the successful Taiwanese adoption of a competition regime over a decade ago. The underlying economic and political forces that have shaped this unusual matrix are discussed and analysed with a theoretical explanation offered for the existing state of affairs.
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Editorial Reviews

From the Publisher
"This is an important book. China by virtue of its size, rate of economic growth and ambitions is going to be an important player, if not the most important player, in the 21st Century...Williams' book is a monumental contribution to our understanding of barriers to the creation of free markets and effective competition laws in transitional economies." - Kenneth M. Davidson, American Antitrust Institute

"The book, well researched and insightful, is a good reference for understanding China's economic reform."
Yu Xingzhong, Law and Politics Book Review

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Product Details

  • ISBN-13: 9780521121736
  • Publisher: Cambridge University Press
  • Publication date: 10/29/2009
  • Pages: 492
  • Product dimensions: 5.90 (w) x 9.00 (h) x 1.30 (d)

Meet the Author

Associate Professor of Law, School of Accounting and Finance, Hong Kong Polytechnic University.

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Table of Contents

1 Introduction and methodology 1
2 Competition theory and the experience of states adopting competition law 24
3 The international perspective 73
4 China and economic regulation - history, politics and economics 95
5 Existing and proposed Chinese competition provisions 153
6 Competitive Hong Kong? : myths, perception and reality 222
7 Implementation of competition policy in Hong Kong 1997-2004 : economising with the truth 271
8 Electricity, telecommunication and broadcasting : competition regulation Hong Kong style 301
9 Taiwan - the third China 366
10 Political economy : an explanation of competition policy in Greater China 412
11 Competition policy and law in Greater China : where next? 436
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