| Publication |
2010.
|
| Summary/Abstract |
This article attempts to address the problem of administrative monopoly through a case study of the taxi monopoly in Beijing. The case reflects the conflict between building a market economy and working within the constraints of the old institutions, revealing that the biggest obstacle in contemporary China for building a market economy comes from administrative power or government interference with market operation. Only when administrative monopoly is eliminated will anti-monopoly actions against other monopolistic behaviour be justified and meaningful. A management model for resolving the Beijing taxi monopoly is proposed.
|