Overview
China was one of the last major world market economies to acquire a general competition regime. However, after over a decade of protracted debate, China’s Anti-Monopoly Law was enacted by the National People’s Congress on 30 August 2007 and came into force on 1 August 2008. It was the country’s first comprehensive competition law and marked a significant step towards China's full participation in the global economy.
Like many other competition law systems, the AML has implications for agreements and transactions implemented externally. Similarly, the AML primarily consists of:
- merger control;
- prohibition of anti-competitive agreements defined as “monopoly agreements”; and,
- prohibition of abusive conduct by companies holding a dominant market position.
This guide studies each of these components in depth as well as looking at how each one is regulated and enforced. Click 'View Briefing' for the full guide.
© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093.