THE RESEARCH OF RESTRICTIVE CLAUSES IN TECHNOLOGY TRADE
ABSTRACT
With the rapid development of modern science and technology, the technology has showed a great value in economy. The activities of technology trade have become more and more frequent. Technology trade is different from the trade of general merchandise. The time-limited, territory, invisible character of technology transfer lead to the asymmetry of information and market incompleteness between the parties in technology trade, which is easy to bring forward restrictive clauses. Restrictive clauses are in the purpose of restricting the accessing into market or restricting the competition unduly, through abusing or exploring the abuse of the dominance of market, which has affected the technology trade and the development of world’s economy seriously. Most countries in the world begin to make legal control for that. But, different country has a different control for restrictive clauses. Our country still has a lot limitations when we make legal control of restrictive clauses, which is need to be solved and improved.