The establishment of the competition legal system is the response to the social and economical reality. The perfection of the competition legal system needs the support of economic theory. Therefore, analyzing the competition from the law and economic perspective is propitious to perfect the regulation of competition in the law system constantly, guarantee and promote competition, and thus to establish and maintain reasonable and efficient competition order, promote market-economy developing prosperously and harmoniously. The paper uses the study methods of economical and comparative analyze, explore the sorts of competition and their effectiveness, believe that the perfection of the competition legal system should firstly definite that its adjust object is the effective competition with monopoly factor; though the exemption of competition cant be avoid, it continuously appears shrinking trend. The competition legal system will play a more important role in the economical life.