The China Anti-Monopoly Law Becomes Effective (I)

Law360, New York (September 23, 2008, 12:00 AM EDT) -- After 14 years of consultation, deliberation, and delays, China finally adopted a new Anti-Monopoly Law ("AML") on Aug. 30, 2007, which became effective on Aug. 1, 2008. The first comprehensive antitrust law in China, it presents serious compliance challenges and risks for Chinese and non-Chinese companies alike.

This guest column summarizes the AML and its accompanying recently issued merger thresholds, discusses the structure and responsibilities of its enforcement agencies, and explains the latest developments regarding antitrust litigation under the AML in the Chinese courts.

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