(Economic Observation) China will usher in the era of anti-monopoly "strong supervision"

  China News Service, Beijing, December 18th, title: China will usher in the era of anti-monopoly "strong supervision"

  China News Agency reporter Wang Qingkai

  The Central Economic Work Conference was held in Beijing from the 16th to the 18th.

The meeting pointed out that strengthening anti-monopoly and preventing the disorderly expansion of capital.

Strengthen regulations, enhance supervision capabilities, and resolutely oppose monopoly and unfair competition.

  According to Huang Jin, deputy director of the International Economic Law Research Office of the Institute of International Law of the Chinese Academy of Social Sciences, the central government has recently issued anti-monopoly policies and strengthened its anti-monopoly stance many times, which means that the era of China's anti-monopoly "strong supervision" has arrived.

China ushered in the era of "strong supervision" of monopoly governance

  Before this Central Economic Work Conference, the Politburo of the CPC Central Committee held a meeting on December 11, which also proposed strengthening anti-monopoly and preventing the disorderly expansion of capital; before that, on November 30, the Politburo of the CPC Central Committee held the 25th collective In the study, he also mentioned "doing a good job in intellectual property protection, anti-monopoly, and fair competition review."

  "The signal is clear. In the publicly announced conference content involving less than 200 words of antitrust, antitrust and anti-unfair competition have been mentioned three times. This reflects the central government's strong antitrust position." University of Chinese Academy of Social Sciences Liu Xiaochun, executive director of the Internet Legal Research Center, told a reporter from China News Agency that in the future, there may be more areas where strong anti-monopoly work will be carried out, and a wider range of industries will also be involved.

  The meeting pointed out that anti-monopoly and anti-unfair competition are inherent requirements for improving the socialist market economy system and promoting high-quality development.

  Huang Jin told a reporter from China News Agency that with the development of the market, after some enterprises have completed their scale, the market structure will inevitably be monopolized or oligopolistic.

At this time, it is very necessary to use anti-monopoly to solve market failures, effectively prevent and regulate monopolistic behavior in the micro-economy, maintain fair market competition order, and protect the legitimate rights and interests of consumers.

The central government encourages legal, compliance and innovative development of enterprises

  The Central Economic Work Conference also pointed out that the state supports the innovation and development of platform enterprises, enhances international competitiveness, supports the common development of public and non-public economies, and at the same time regulates development in accordance with the law and perfects digital rules.

  Liu Xiaochun believes that although the central government has released a strong anti-monopoly signal, it also clearly encourages enterprises to develop in compliance with laws and regulations.

"In the text of about 200 words, it is very obvious that the balance between development and regulation is emphasized. The basic position of the central government is to support innovative development and support platforms to enhance international competitiveness, but this kind of development must be regulated. On the basis of this, prevent expansion through the use of monopoly status and unfair competition."

  According to Liu Xu, a special researcher at the National Institute of Strategic Studies at Tsinghua University, the strengthening of anti-monopoly by the central government is a challenge and an opportunity for enterprises.

"The successive release of anti-monopoly signals has actually sounded the clarion call to encourage Chinese companies to invest and start businesses overseas and encourage them to expand in overseas markets." He believes that strengthening anti-monopoly law enforcement can make Chinese companies operate more legally and cooperatively. Regulations and enhance competitiveness.

  The Central Economic Work Conference also pointed out that it is necessary to improve the legal norms for platform enterprise monopoly identification, data collection and use management, and consumer rights protection.

It is necessary to strengthen regulation, enhance supervision capabilities, and resolutely oppose monopoly and unfair competition.

  In recent years, in response to the frequent chaos in the Internet industry, certain industries have taken certain measures at the regulatory level.

"However, the supervision of these competent authorities is lagging, and limited by the bottleneck of law enforcement resources and limited penalties, they can only regulate the behavior of some cases." Liu Xu said that this makes it difficult for some large Internet platform companies to be effectively restricted by market competition.

  In Liu Xiaochun's view, the Central Economic Work Conference's emphasis on improving "data collection and use management" and "consumer rights protection" is very realistic.

At present, the public has many complaints about "big data killing" and "irrational tying" and other behaviors. If this can be regulated, it will effectively protect the rights and interests of consumers and respond to many livelihood concerns.

  "Capital accumulation can bring sufficient vitality to the rapid development of the platform economy, and irrational behavior of capital often lays hidden dangers for the sustainable and healthy development of this field in the future." In Huang Jin's view, anti-monopoly is to prevent the disorderly behavior of capital. The effective restriction of capital, the next step to promote rational capital behavior and maintain the healthy development of the industry will become the focus of Chinese anti-monopoly law enforcement agencies in the field of platform economy law enforcement.

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