外资并购的反垄断规制.pdf

4 外资并购的反垄断规制摘要随着我国加入世界贸易组织,市场逐步开放,外资并购的浪潮扑面而来,外资并购所带来的负面影响也严峻地摆在了我们面前。外资并购在推动国内企业实现规模经济、市场、制度创新及增强市场竞争力的同时,也存在挤占国内市场,极力走向垄断的趋势。鉴于外资并购对经济影响的两面性,我国陆续出台了外资并购投资的法律法规。但我国外资并购反垄断规制存在着很多突出的难题。《反垄断法》虽已出台,但涉及外资并购方面内容较少,实施细则也不十分明确,不能完全适应我国在扩大吸收外资并购投资过程中对垄断进行规制的现实需要。因此,必须借鉴国外立法经验,尽快完善我国相关立法体制。本论文试图从对我国外资并购现状及垄断趋势进行分析入手,参照国际社会可供借鉴的法律模式,对确立、健全、完善我国的外资并购反垄断法律制度做出探讨。文章共分五个部分。第一章外资并购概述。首先分析了兼并与收购的含义并比较了他们的异同。在此基础上结合对外资的定位, 对外资并购的含义进行了界定。其次对外资并购的动因进行分析, 并介绍了外资并购在我国的发展现状。 5 第二章我国外资并购面临垄断趋势。首先对垄断及反垄断规制的垄断进行了辨析。进而对反垄断规制外资并购的价值取向进行了阐述。第三章外资并购反垄断规制的具体规则。介绍了国外对外资并购进行反垄断规制的具体规则,包括实体规则和程序规则。同时介绍了并购规制的反垄断法原则,包括本身违法原则和合理原则、国内反垄断法域外效力的适用原则,以及对我国的反垄断立法有所借鉴。第四章我国外资并购反垄断的立法概述。通过对《反垄断法》实施前后的外资反垄断规制的法律框架进行介绍,进而分析我国外资并购反垄断规制所面临的问题。第五章完善我国外资并购反垄断规制的建议。通过考察我国外资并购反垄断立法现状和缺陷,借鉴国外立法与实践经验,对我国外资并购的反垄断制度提出了立法意见。关键词:外资并购反垄断 6 Foreign M & A Antitrust Regulation ABSTRACT With China's accession to th e World anization , opening up the market gradually, M & A wave of foreign investment will blow against our faces, and there are the negative effe cts of Foreign M & A which severely placed before us. At the same time the foreign acquisitions of domestic enterprises in promoting the realizati on of economies of scale, marketing, system innovation and enhance p etitiveness of the market, there are also crowding out the domestic market , strong trend towards monopoly. In view of the economic impact of fore ign capital M & As on the two sides, China's foreign investment M & A ha ve issued investment laws and regulations. But China's foreign inve stment M & A Antitrust Regulation there are many outstanding problems. Although "Anti-monopoly law" has been introduced, however, the aspect s relating to foreign mergers and acquisitions which are less and implementation details are not very clear which can not fully adapt to the expans ion of China's foreign investment M & A process for regulation of the monopol y of the practical needs. Therefore, we must learn from the expe rience of foreign legislati