In Surprising Twist, Chinese Antitrust Law Fails

Law360, New York (June 29, 2006, 12:00 AM EDT) -- A Chinese anti-monopoly law long sought by U.S. and European businesses failed to pass China’s parliament Thursday, placing it back into a seemingly endless limbo that began nearly 20 years ago when it was first introduced.

This was the first time parliament had ever debated the law, which would have clarified China’s competition rules. Parliamentary officials said the bill would be deliberated at least three times, but no timetable was set on when further deliberations would actually take place.

“The contents of the anti-monopoly law ......
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