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China sets up anti-monopoly commission

The National Anti-Monopoly Commission was set up on Friday to better enforce China's first anti-monopoly law to uphold fair competition. >>

Specific guidelines set for new Anti-Monopoly Law

Editor's note: After 13 years on the drawing board, the Anti-Monopoly Law passed by the Standing Committee of the National People's Congress, China's top legislature, has come into effect on Aug. 1, 2008. It is viewed as a milestone of the country's efforts in promoting a fair competition market and cracking down on monopoly activities.

Backgrounder: Full text of the Anti-monopoly Law of the People's Republic of China

China's first anti-monopoly law takes effect

Three government organs, the National Development and Reform Commission (NDRC), the Ministry of Commerce, and the State Administration for Industry and Commerce (SAIC), will enforce the law and carry out its implementation in a coordinated fashion. >>

A review of economics: development calls for competition

A single matter, if repeatedly emphasized by various sides, is obviously important. This is absolutely the case with the release of the long-awaited Anti-Monopoly Law.  >>

Chinese courts urged to study new, "complicated" anti-monopoly law

The country's Supreme People's Court on July 30 urged courts at all levels to carefully study and abide by the new rules. >>

China adopts anti-monopoly law

Foreign acquisitions of Chinese companies will be subject to stringent new checks intended to protect China's economic security under a new competition law passed on Aug. 30, 2007. >>

EU hails China's Anti-Monopoly Law enforcement

European Union Competition Commissioner Neelie Kroes addressed a letter to China's authorities responsible for the enforcement of its Anti-Monopoly Law to congratulate China on the law's entry into force on August 1, 2008. The letter also expressed the EU's willingness to further cooperate with China in this area. >>

On foreign investment

Competition law to be applied equally

All enterprises will be treated equally under China's Anti-Monopoly Law, effective August 1. Chinese enterprises should improve their understanding about the law while foreign companies are preparing for the changes that may be brought about by the law. >>

Official says no exemption from China's anti-trust law absolute

All businesses in China, regardless of their ownership status, are equally subject to the Anti-monopoly Law which was promulgated in August. The law will be effective as of August 1, 2008; and preparations will be made for its execution. >>

Merger subject to China's Anti-Monopoly Law

The merger of the world's two mining giants will be among the first groups of multinationals subject to the anti-monopoly law, industry sources said. >>

EU companies to be ready for competition law compliance

European investors in China will harbor an advantage of complying more easily with the Anti-Monopoly Law, to become effective August 1; and the opportunity emerging from China's growing preference toward clean, hi-tech investment. >>

AmCham-China welcomes China's anti-monopoly law

The American Chamber of Commerce in China (AmCham-China) on Tuesday welcomed China's anti-monopoly law as a positive step in China's development as a market-based economy. >>

China wary of monopoly of transnational companies

While continuing to welcome the investment of transnational companies, China has learned the negative effects of these corporate giants: curbing competition and creating monopolies. >>
 

On trade issues

Trade and competition laws make fair market

China's Anti-Monopoly Law, effective August 1, complements the existing law governing foreign trade and the combination of the two leads to a legal framework creating a fair competition environment in the internal and world markets.  >>

Competition law in tune with trade framework

Bilateral and multi-lateral trade agreements can be a solution to maximizing trade benefits without compromising market competition in home markets of countries involved. For China, that prospect can be built on its Anti-Monopoly Law, effective August 1.  >>

On technical issues

China's anti-trust law protects innovation

The IPR article in China's Anti-Monopoly Law, effective August 1, does not challenge either the possession of an IPR or the legitimate use of an IPR. Instead, it works with the existing IPR legal framework to protect and encourage innovation. >>

Rules of foreign investor acquisitions to be revised

The enforcement of China's Anti-Monopoly Law, beginning Aug. 1, will lead to the amendment of existing regulations for the acquisition of Chinese enterprises by foreign investors, according to Mr. Zhao Xiaoguang, Director-General of the Department of Industry, Communication and Commerce, the Legislative Affair Office of the State Council. >>

Few M&A deals to reach filing threshold

A rough estimate shows that no more than 4 percent of enterprises in China will be obligated to file their mergers and acquisitions once China's Anti-Monopoly Law becomes effective August 1. >>

Expert attests that Anti-Monopoly Law is no weapon against multinationals

The concern from foreign businesses about the provision in China's Anti-Monopoly Law (AML) that prevents and penalizes the "abuse of intellectual property rights" is understandable, as foreign businesses currently hold and develop more IPR than their Chinese peers. However, instead of being a "weapon" to be used against multinationals, the Anti-Monopoly Law will function as a rational legal base for market competition. >>

British Chamber of Commerce: Transparency to relieve IP concern in China's anti-trust law

In general foreign investors regard China's Anti-Monopoly Law as an important and progressive piece of legislation. Greater transparency and equal treatment for both foreign and domestic companies once the law comes into force on August 1st 2008 will reassure IPR holders, said the British Chamber of Commerce in China (BCCC). >>