The comparative analysis of the economic effects of competition law on the United States and China

Abstract

As there are limited attempts made by previous studies in comparing the effects of antitrust law, this paper examines the economic impacts of competition law between the United States and China, focusing on the distinctive approaches adopted by both countries and the corresponding outcomes for their respective economies. The analysis highlights the key differences in enforcement priorities, methodologies and economic impact. To measure economic effect effectively, consumer price indexes are employed in this paper to investigate the influence of antitrust law on it. In addition, this paper applied a conceptual framework, rooted in existing theories and provided a solid foundation. The theoretical-based method allows the paper to describe the relationship between competition law enforcement and economic outcomes in both countries by highlighting how country-specific factors mediate enforcement effectiveness. The conclusions provided critical insights for policy design as well.