By Mark Williams
This publication comprehensively examines festival coverage and legislations in higher China--the People's Republic, Hong Kong, and Taiwan. The evolution of pro-competition regulations in each one jurisdiction is traced within the context of overseas advancements in festival coverage adoption by means of constructing and transitional economies in addition to the advocacy of pageant adoption via the next overseas firms- WTO, OECD, UNCTAD, the realm financial institution and the IMF. A theoretical clarification of the saw advancements concludes that winning pageant coverage adoption is not going to be triumphant, and not using a functioning democratic approach.
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Extra info for Competition Policy and Law in China, Hong Kong and Taiwan
However, all reasonable care was taken to ensure the veracity of the information obtained. In addition to these matters, the personal characteristics of the author needed to be considered as a local Chinese writer might legitimately have quite different impressions of Chinese efforts in the competition law ﬁeld. 52 As explained above, multiple data sources were accessed and cross-checking with ofﬁcials and academics was conducted to establish the veracity of any ﬁndings. Presentation of ﬁndings at international conferences and publication in journals of preliminary ﬁndings is evidence that substantial peer 52 Ibid.
Short-term populism, the operators state, will cause long-term damage to an essential industry. This argument will be considered later in the analysis of the Hong Kong telecommunications sector. Another populist cause is that of equity and the notion that the overconcentration of economic power in a few hands is inherently dangerous. The argument runs that this may imperil the functioning of democratic institutions. 14 The reverse is also the raison d’etre true. In Hong Kong, those who currently hold the levers of economic power also, directly or indirectly, control the policy-formation process and so, unsurprisingly, the Hong Kong government has been a vociferous opponent of domestic or international legislation on competition; a full analysis of this phenomenon will be offered later.
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Competition Policy and Law in China, Hong Kong and Taiwan by Mark Williams