Antitrust Law Doesn't Single Out Foreigners, China Says

Law360, New York (August 12, 2010, 11:55 AM EDT) -- China's antitrust watchdog conceded Thursday that only foreign companies have been forced to change or drop planned mergers under the country's anti-monopoly law since it took effect in 2008, but argued that market conditions, rather than discriminatory enforcement, were to blame for the disparity.

The country's merger-control law is not discriminatory nor is enforcement biased against foreign companies, Shang Ming, head of the Chinese Ministry of Commerce's Anti-Monopoly Bureau, said at a press conference. Multinational companies bear the brunt of the anti-monopoly law because they are...
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