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Leveling the playing field?

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July 2007

Graeme Johnston As both China and Hong Kong prepare to introduce competition laws, all eyes are on the small print

After years of talk, it seems likely that mainland China and Hong Kong will, within the next year or so, acquire their first competition (antitrust) laws of comprehensive application, complete with specialized enforcement authorities.

Such laws have existed in America for more than a century, in Western Europe for almost half as long, and have become increasingly significant in Asia since the 1980s.

The widely-held view is that such laws are, when applied properly, ...

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