Monopoly is an inevitable result of the high concentration of production in free competition. The Anti-Monopoly Law aims to regulate such a monopolistic state of highly concentrated economic power. However, in order to better develop the socialist market economy and form a modern economic society with both efficiency and fairness, China's Anti-Monopoly Law also has an exemption system, which gives preferential treatment to some monopolistic behaviors of undertakings. Therefore, this paper takes the exemptions of monopoly agreements and concentrations of undertakings as examples to study and explore the characteristics and existing problems of the exemption system in China's Anti-Monopoly Law, and further points out the development direction and improvement measures, hoping to establish a more perfect exemption system.
Exemption System; Anti-Monopoly Law; Monopoly Agreement; Concentration of Undertakings
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