Wu, Qianlan --- "Harmonisation of Competition Law in Multilateral Trade Framework: China’s WTO Membership and its Anti-monopoly Law" [2012] ELECD 369; in Andenas, Mads; Andersen, Baasch Camilla (eds), "Theory and Practice of Harmonisation" (Edward Elgar Publishing, 2012)

Book Title: Theory and Practice of Harmonisation

Editor(s): Andenas, Mads; Andersen, Baasch Camilla

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781849800013

Section: Chapter 25

Section Title: Harmonisation of Competition Law in Multilateral Trade Framework: China’s WTO Membership and its Anti-monopoly Law

Author(s): Wu, Qianlan

Number of pages: 24

Extract:

25. Harmonisation of competition law in
multilateral trade framework: China's
WTO membership and its Anti-
monopoly Law*
Qianlan Wu**

I. INTRODUCTION
The debate on economic globalization mainly centres on whether it is defined
as a global economy in the making or as increasing internationalization of
economies.1 The two conceptualizations of economic globalization seem to
correspond to respective understandings on global law development. The
concept of one global economy can provide justification for the development
of a uniform law to govern the global market, while the internalization of
different economies can provide economic foundations for the legal pluralism
in global law.2
Nevertheless, amid the complexity of economic globalization and global law
development, domestic markets have transcended national borders and become
increasingly interconnected. Consequently, market regulations in different
economies have become more interconnected and domestic and international
market regulation rules have intertwined.3
The development of competition laws in different economies serves as
one good example. Domestic competition laws can have spill over effects on


* Editor's note: This chapter is based on the development of Anti-monopoly Law
of China until 2010.
** Lecturer, School of Contemporary Chinese Studies, University of Nottingham, UK.
1
Manuel Castells (2000), `Global Information Capitalism' in David Held and
Anthony McGrew (eds), The Global Transformation Reader, (Polity) at 303.
2
Wener Menski (2006), Comparative Law in a global context: the legal system of
Asia and Africa (Cambridge University Press) at 3­25.
3
Francis Snyder (2004), `Economic Globalization and the Law in the Twenty ...