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Press Center Chinese Antimonoply Law | Chinese Antimonoply Law |
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| Written by Lynn Sum | |||||||||||
| 2008-08-01 | |||||||||||
Page 1 of 9 "Microsoft will be accused after the Chinese Antimonoply Law come into effect", someone said. So U.S government and corporations are very concerned about it.
Chinese Antimonoply Law
(adopted at the 29th session of the Tenth National People's Congress on August 30, 2007)
Chapter 1: General Provisions Chapter 2: Monopoly Agreement Chapter 3: Abuse of a Dominant Market Position Chapter 4: Concentration of Undertakings Chapter 5: Abuse of Administrative Power to Eliminate or Restrict Competition Chapter 6: Investigation of the Suspected Monopoly Conducts Chapter 7: Legal Liabilities Chapter 8: Supplementary Articles Translated by Jia Yuan September 1, 2007 Chapter 1: General Provisions Article 1: This Law is enacted for the purpose of preventing and restraining monopolistic conducts, protecting fair competition in the market, enhancing economic efficiency, safeguarding the interests of consumers and social public interest, promoting the healthy development of the socialist market economy. Article 2: This Law shall be applicable to monopolistic conducts in economic activities within the People’s Republic of China. This Law shall apply to the conducts outside the territory of the People’s Republic of China if they eliminate or have restrictive effect on competition on the domestic market of the PRC. Article 3: “Monopolistic conduct” is defined in this law as the following activities: (i) monopolistic agreements among undertakings; (ii) abuse of dominant market positions by undertakings; (iii) concentration of undertakings that eliminates or restricts competition or might be eliminating or restricting competition; Article 4: The State formulates and carries out competition rules which in accordance with the socialist market economy, perfects macro-control, and advances a unified, open, competitive and orderly market system. Article 5: Undertakings shall through fair competition, voluntary alliance，concentrate according to law, expand the scope of operation, and enhance competition ability. |
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| Last Updated ( 2008-08-02 ) | |||||||||||
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