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The role of competition law: An Asian perspective
Author(s)
Date Issued
2013
Journal
ISSN
1911-2025
1911-2017
Citation
Asian Social Science, 2013, vol. 9(7), pp. 47-53.
Description
Open access
Type
Peer Reviewed Journal Article
Abstract
In EU and the US, competition law regulates the practices of large firms so as to protect consumer welfare and economic efficiency. In Asia, many countries such as China and Vietnam are shifting to market economy; small firms expand and grow to become large scale corporations. Competition law is gaining importance in these countries. This paper firstly provides an overview on the role of the competition law in protecting consumer efficiency and consumer welfare. Afterwards, content analysis on the previous journal articles about Asia’s countries competition law, such as China, Vietnam, South Korea, Japan, India will be conducted. Lastly, a case study on supermarket in Hong Kong shows the role of competition law.
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