Anti-monopoly Law Regulations on the Merger of Enterprises
The merger of enterprises would be good to achieving economies of scale, but without well control, some enterprise may take advantage of the chance of merger to restrict other rivals to enter the market, and attain the market monopoly. This paper points out that there lie three problems in the merger regulations in China's anti-monopoly legislation: the exemption rules are unreasonable, declaration standard is not defined clearly and the structure of lawenforcement agencies is not well-framed. To solve these problems, we need to perfect the exemption rules, make a clear quantitative criterion and ensure the independence anti-monopoly enforcement authority.