SAIC's AML rules leave questions
June 17, 2009 | BY
clpstaff &clp articlesLawyers in China have generally welcomed two new sets of procedural rules to implement the Anti-Monopoly Law (AML), though they say there are important…
Lawyers in China have generally welcomed two new sets of procedural rules to implement the Anti-Monopoly Law (AML), though they say there are important issues that still need to be addressed.
On June 5, the State Administration of Industry and Commerce (SAIC) published one set of rules dealing with procedures for the investigation and handling of cases involving monopoly agreements and abuses of a dominant market position. The other specified procedures for investigation and handling of administrative monopolies.
Legal commentators suggest that promulgation of these new rules, which will take effect on July 1, may herald the start of AML enforcement by SAIC (which to-date has not taken any formal or public actions under the AML despite rumours of many complaints).
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