英文摘要 |
The Anti-monopoly Law in principle maintains that horizontal agreements are per se illegal while vertical agreements are evaluated under rule of reason. However, a number of recent cases simultaneously involving both horizontal competitors and vertical operator(s)demonstrate the limit of this principle. Hence some scholars have submitted to introduce the hub and spoke conspiracy in order to fill such a gap. The definition and conditions of hub and spoke conspiracy proposed by the academia nonetheless entail some cracks, and are thus overlapped with categorized conduct and even legal conduct. Based on the study on the legislative objective of the Anti-monopoly Law and the relevant international practice, the hub and spoke conspiracy, though superficially embracing vertical agreements, should be viewed essentially as horizontal agreement. Moreover, the hub and spoke conspiracy differs from orthodox horizontal agreements in two key factors, conspiracy between horizontal competitors and active participation of vertical operator(s). |