Exploration on Some Issues Relating to Anti-Monopoly Law in Resource Enterprises

Anti-monopoly law is the core of fair trade economic laws to promote market competition and known as Economic Constitution. Anti-monopoly Law of the People's Republic of China was implemented on August 1, 2008, which clearly defined the three kinds of monopolistic behavior, 7 exemption cases, and expressly prohibited administrative monopoly. Moreover, it proposed to conduct a review over foreign mergers and acquisitions related to national security. The promulgation and implementation of this law has a significant and far-reaching impact on regulating competition in China's market economy, achieving a rational resource allocation and protecting consumer’s benefits. It will also bring opportunity and challenge to resources cooperation. It analyzed its impact on the resources enterprises based on China’ s anti-monopoly law, and put forward the basic understanding and suggestions related to monopoly and anti-monopoly in the current domes- tic petroleum and petrochemical industries.