Failing firm defense has been established for more than eighty years.It is an important defense in antitrust law, that has been adopted anddeveloping by all major antitrust jurisdictions. The system is facing anew test due to the influence of worldwide economic crisis, accompanyingwith increasing number of mergers and acquisitions of failing firms. Ourcountry is not isolated from worldwide economic crisis. The demand tothe failing firm defense is expanding no matter to the firms on the edge ofbankruptcy, or...