Competition Policy under Economic Recessions Historical Changes and Implications.docVIP

Modern Economy, 2013, 4, 230-242 /10.4236/me.2013.43A026 Published Online March 2013 (/journal/me) Competition Policy under Economic Recessions: Historical Changes and Implications* Pinguang Ying School of WTO Research and Education, Shanghai Institute of Foreign Trade, Shanghai, China Email: yingpinguang@ Received December 9, 2012; revised January 10, 2013; accepted February 11, 2013 ABSTRACT Before the current financial crisis, economic recessions in history were always accompanied by relaxation or abandon of competition policy. However, in the current financial crisis, although dif