Multinationals Fret Over China's New Monopoly Law

Law360, New York (June 8, 2006, 12:00 AM EDT) -- As a long-awaited draft antitrust law passed China’s cabinet this week, government officials tried to assure multinational business leaders that the possible changes would not be used to allow prejudice against foreign investors.

The draft of the monopoly law that passed the cabinet defines a monopoly as a single operator controlling half or more of an industry’s market share, as two operators colluding to hold two-thirds of total market share, or as three operation holding three quarters of total market share.

The law will now head...
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