Enforcement fear over China Anti-Monopoly Law
Candice Mak |
NEWS ANALYSIS - July 24, 2008
Investors and counsel are worried about potentially inefficient enforcement and protectionism, after China announced its new Anti-Monopoly Law commission earlier this week.
As expected, the enforcement agency will be an amalgamation of three government regulators: the Ministry of Commerce (Mofcom), the National Development and Reform Commission (NDRC) and the State Administration for Industry and Commerce (SAIC).
Mofcom will oversee merger control filings, the NDRC will handle price monopoly cases, and the SAIC will deal with issues of dominant...
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