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The Situation of Income and Distribution in Monopoly Industries and the Public Policymaking

DOI: 10.5539/ass.v4n9p30

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Abstract:

Due to its public characteristic and authority background to some extent, monopolizing enterprises can possess limited resources alone so as to amass excess profits and widen social gap in income and distribution by setting up systems such as entering a barrier and restricting competition. August 30th, 2007, China’s "anti-monopoly law" first introduced, but the whole law articles working out aiming to solve the unfairness of income and distribution in monopoly industry are still full of shortcomings. On this basis, this paper analyses the formulation of relevant public polices from the angle of both administrative as well as economic means.

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