Law & Regulation

Disorderly competition

October 2007: An effective competition law needs an independent administrator, not another interagency turf war

I make no apology for returning to competition law in China following my July column on the subject. The new law has finally been enacted and will come into force next year; it is going to prove hugely important for business; and, disappointingly, an absolutely key issue remains unresolved.

By way of background, the law seeks to control four main types of activity: anticompetitive agreements by businesses, abuses of dominant market power, anticompetitive mergers and acquisitions,...

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