The Chinese Supreme People’s Court (SPC) decision on Qihoo 360 v. Tencent marked its first ruling on a matter filed under China’s Anti-Monopoly Law. This article discusses two key points in the SPC’s decision: (i) the SPC’s de-emphasis of market definition and market share in the assessment of dominance; and (ii) the effect-based analysis of market dominance conducted by the SPC which focuses on entry, direct evidence of competitive effects, and internet platform competition. To read the article, click the link below.
Dr. Pang’s views were also published in Concurrences here.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...