Research on the Improvement of the Fine System in the Context of the Revision of China’s Anti-Monopoly Law

Abstract

As an essential component of implementing the Anti-monopoly Law, the fine system suffers from fundamental issues related to uncertainty and insufficient deterrence. These flaws give rise to significant weaknesses and arbitrary enforcement of the law. Even with the recent implementation of the amended Anti-monopoly Law, the fine system has undergone significant changes but is still unable to provide specific solutions to the inherent issues concerning fines under the Anti-monopoly Law. Given the above situation, there is an urgent need to focus on ways to improve the fines from a design perspective. This paper aims to explore various paths and strategies to enhance the fines system under the Anti-monopoly Law through a comprehensive examination of relevant factors. By doing so, it will be possible to identify the means to overcome the defects of the current fines system and restructure it in a way that is more efficient, transparent, and fair.