ABSTRACT

Most countries in the world have their own antitrust laws or competition laws. The content of these laws differs across countries, but the difference is particularly noticeable between democratic and authoritarian regimes. In particular, since authoritarian countries with prevalent SOEs often have national agendas, the usual legislative goals of antitrust laws in democratic countries, such as sufficient competition and consumer welfare, are often compromised in authoritarian regimes under the national agenda. When a horizontally and vertically merged giant business (such as Huawei) from an authoritarian country enters the market of a democratic country and competes with a highly disintegrated local business (such as Qualcomm), the playing field is not even. The competitive neutrality is lacking. This chapter analyses this phenomenon, and proposes ways to change it.