China's new Anti-Monopoly Law become effective

Posted by: Jinbang Han in China on

The New Law became effective on August 1.

Around the same time, the Anti-Monopoly Committee was established under the State Council. The Committee is responsible for (a) researching and drafting policies on competition; (b) organizing the investigation and assessment of the overall competition situations in the market and publishing assessment reports; (c) promulgating and issuing anti-monopoly guidances; (d) coordinating the administrative enforcement of the anti-monoly law and regulations; and (e) other responsibilities that the State Council assignes.

Besides the Anti-Monopoly Committee, which is basically a research and coordinating institution, anti-monopoly enforcement institution (s) have also been established respectively under the State Administration of Industry and Commerce

 

 


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