Thursday, June 5, 2008

China's New Anti-monopoly Law Goes Into Effect August 1, 2008

The American Bar Association's international law conference in New York this spring highlighted the new Anti-Monopoly Law of the People's Republic of China. See Order of the Chairman No. 68.

Promulgated on August 30 of last year, the new law is set to go into effect on August 1, 2008. The law governs monopolistic activity occurring within China and that occuring outside of China, but affecting the Chinese domestic market.

In addition to addressing monopolistic activity, the law addresses concerns by the Chinese authorities about increasing foreign control and influence of and upon companies there.

We can make available an English translation of the new law and and other related ABA Conference materials. In particular, you may want to examine an excellent slide deck presentation by Zhu Zhongliang, the Chinese Ministry of Commerce's Deputy Division Chief of the Anti-monopoly Investigation Office. The Ministry's English language Web site is at http://english.mofcom.gov.cn/.

For more information, please contact us at info@technologylawgroup.com or 208.939.4472.

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