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Predatory pricing occurs where a firm deliberately sets prices below cost to eliminate, discipline or deter entry by a competitor, with the goal to subsequently recoup its losses by charging supra-competitive prices. China's Anti-Monopoly Law, Anti-Unfair Competition Law and Price Law contain...
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The recent Baidu Inc. decision provides insight into how Chinese courts might apply antitrust principles and assess evidence in private antitrust litigation in the future. As in the U.S., the Baidu court appears to have been interested in rigorous economic analysis of the antitrust allegations
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China's Anti-Monopoly Law (AML) prohibits a dominant company from selling products at prices below cost without legitimate reasons. Chinese antitrust agencies and courts have provided some signals as to how they will enforce the predatory pricing provision in the AML and similar provisions in...
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In March 2009, China’s Ministry of Commerce (MOFCOM) vetoed the proposed acquisition by Coca-Cola of Huiyuan, a company with an important presence in the Chinese fruit juice market. This is the first time that MOFCOM has prohibited a transaction under the Anti-Monopoly Law (AML), in effect...
Persistent link: https://www.econbiz.de/10014208267
Simulation is the use of a structural economic model to predict the effects of a change in economic conditions or policy. Simulation has wide application in competitive analysis, from merger review to the calculation of damages in antitrust and patent infringement litigation. It provides a...
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