The New Economic Constitution in China: A Third Way for Competition Regime?

This article will discuss the basic features of the competition regime China is ready to set up, as envisioned in its draft of the anti-monopoly law. By comparing different antimonopoly systems worldwide and their relevance to China\u27s idiosyncrasies in its antimonopoly law, this article intends to promote a better understanding of China\u27s emerging antitrust regime by providing illustrative comments and legislative suggestions. Part II of this article will focus on the economic and legal contexts of the drafting of the antimonopoly law in order to illuminate the unique priorities of the Chinese lawmakers. Part III will highlight the distinctive traits of China\u27s competition law. Part IV will analyze the Draft provisions\u27 merits and demerits. Part V concludes by offering comments on and observations about the draft of China\u27s anti-monopoly law