Anti-monopoly: Agencies walk a fine line
December 08, 2009 | BY
clpstaff &clp articles &The PRC Anti-monopoly Law has spawned a vast amount of analysis, debate and hand-wringing among lawyers, academics and businesses worldwide. But, where is China's competition law framework heading in 2010?
[This feature is part of The year ahead 2010]
There's no doubt that the adoption of the PRC Anti-monopoly Law (AML) (中华人民共和国反垄断法) on August 1 2008 will always be seen as a landmark event. It has spawned a vast amount of analysis, debate and hand-wringing among lawyers, academics and businesses worldwide. But, where is China's competition law framework heading in 2010?
“That's an easy one,” answers François Renard, manager of Allen & Overy's Asia-wide antitrust practice, who puts the adoption of key implementation rules in merger and cartel cases at the top of his list.
In the past year, the Ministry of Commerce (Mofcom) has been very active in its area of responsibility – merger control. This activity continued up until November 27, when the Ministry issued two M&A review measures (see page 8 for more information and analysis).
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