Market Power in Chinese Taipei: Laws, Policies and Treatments |
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Authors: | Kung-Chung Liu Yun-Peng Chu |
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Affiliation: | (1) Jurisprudence Division, Institute for Social Sciences and Philosophy, Academia Sinica, Nankang, Taipei, Taiwan, 11529;(2) Economics Division, Institute for Social Sciences and Philosophy, Academia Sinica, Nankang, Taipei, Taiwan, 11529;(3) Industrial Economics, National Central University, Taiwan |
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Abstract: | The experience of Chinese Taipei shows that opening up a previously protected market to new entrants can be a more effective and reliable way to enhance competition than regulating the behavior of dominant or monopolistic firms. Moreover, when opening up the market, the liberalizing measures adopted by government should be market-structure-neutral. That is, it should not try to dictate the direction and results of market competition. A more pressure-resistant mechanism should be designed to deal with market power, taking the form of a regime that is cross-sector, independent and collective in its decision-making, such as has been the case with Chinese Taipei's Fair Trade Commission. |
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Keywords: | Cable TV competition law market power merger telecommunications |
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