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International Journal of
Law, Policy and Social Review
ARCHIVES
VOL. 5, ISSUE 4 (2023)
Improving Vietnamese legislation on anti-unfair competitive behavior from the experience of China, United States and Germany
Authors
Pham Thi Thanh Tuyen
Abstract
In the development of the socialist market economy, competition is regarded as one of the objective economic laws, which has a strong impact on the survival and development of domestic and foreign enterprises. With a view to opening up and international economic integration, the Socialist Republic of Vietnam has actively created conditions for economic components as well as economic sectors to develop through the enactment of policies and laws on competition, including unfair competition. The introduction of unfair competition regulations not only contributes to protecting business competitors, in the market from business disadvantages caused by unfair behavior competition, but also helps to protect the rights and other interests of consumers. Besides, the sanctions will be both dissuasive and educate traders and in the market, thus creating a healthy business environment, the parties will compete fairly based on the very strength of the enterprise. Although certain achievements have been achieved, the process of applying anti-unfair competition legislation has also experienced many challenges, difficulties, needs to be supplemented, perfected. This article will focus on the following issues: i) The current status of policy and laws of Vietnam on unfair competitive behavior; ii) Experience against unfair competitive behavior in China, the United States and Germany and lessons for Vietnam; iii) Some proposals aimed at improving Vietnamese law on unfair competition.
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Pages:3-12
How to cite this article:
Pham Thi Thanh Tuyen "Improving Vietnamese legislation on anti-unfair competitive behavior from the experience of China, United States and Germany". International Journal of Law, Policy and Social Review, Vol 5, Issue 4, 2023, Pages 3-12
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