EVENTS
Zhong Lun Partner ZHANG Baisha Invited to Give a Lecture on “AML & Competition Assessment of Governmental Regulation” for Guangzhou Legislation Bureau
Zhong Lun Partner ZHANG Baisha Invited to Give a Lecture on “AML & Competition Assessment of Governmental Regulation” for Guangzhou Legislation Bureau
Mr. ZHANG Baisha, partner of Zhong Lun, was invited to give a lecture on “Anti-monopoly Law (AML) & Competition Assessment of Governmental Regulation" for the Legislation Bureau of Guangzhou Municipal Government on February 13, 2015. More than 50 government officials from the Legislation Bureau and legal divisions of other bureaus of Guangzhou Municipal Government attended the lecture. Mr. Zhang presented his insights into the regulations and policies regarding the reform of market economic system issued by the CPC Central Committee, the State Council, the Supreme People’s Court, as well as the NDRC, and highlighted the significance of market competition in resource allocation in market oriented economic reform, all of which indicate that the enforcement of AML facilitates a unified nationwide market by breaking up monopolies and territorial protection. By analyzing the relationship between government and market, Mr. Zhang put forward the measures for prevention of market failure and regulatory failure with recommendations for striking the right balance between competition policy and industrial policy during economic reform. Additionally, Mr. Zhang also elaborated on the principle of competitive neutrality for deepening the reform of market economy and advocated for the introduction of competition assessment in government’s major economic policy-making process. The lecture was highly regarded by all the attended government officials.
