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Press Center Chinese Antimonoply Law | Chinese Antimonoply Law |
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| Written by Lynn Sum | |||||||||||
| 2008-08-01 | |||||||||||
Page 3 of 9
Article 9: The State Council establishes the Antimonopoly Commission, which in charge of organizing, coordinating, guiding antimonopoly works, performs the following responsibilities: (i) study and draft related competition policies; (ii) organize research, assess general competition situations in the market, issue assess report; (iii) enact and issue antimonopoly guidelines; (iv) coordinate antimonopoly execution works; (v) other responsibilities stipulated by the State Council. The State Council stipulates composition and working rules of the Antimonopoly Commission. Article 10: Antimonopoly execution authorities are in charge of antimonopoly execution pursuant to this law. Antimonopoly execution authorities shall authorise the corresponded authorities of provincial government or government in an autonomous region or directly municipality to in charge of antimonopoly execution pursuant to this law, when needed. Article 11: Association of undertakings should intensify industrial self-discipline, guide undertakings to lawfully compete, safeguard the competition order in the market. Article 12: An “undertaking” in this law refers to a legal person, other organization or natural person that engages in businesses of commodities (hereinafter “commodities” include services). A “relevant market” in this law refers to the territorial area within which the undertakings compete against each other during a time period for relevant products. Chapter 2: Monopoly Agreement Article 13: Any following agreements among the undertakings competed with each other shall be prohibited: (i) fix, or change prices of products; (ii) limit the output or sales of the products; |
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| Last Updated ( 2008-08-02 ) | |||||||||||
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