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Q&A Regarding China's " The Anti-Monopoly Law of the People's Republic of China"(1)

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Q: When will the Anti-Monopoly Law of the People's Republic of China come into effect?
A: The Anti-Monopoly Law of the People's Republic of China came into effect on August 1, 2008.

Q: What is the purpose of formulating the Anti-Monopoly Law of the People's Republic of China?
A: The Anti-Monopoly Law of the People's Republic of China is formulated to prevent and stop monopolistic behaviors, protect fair market competition, encourage innovation, improve the efficiency of economic operation, safeguard the interests of consumers and the public interest, and promote the healthy development of the socialist market economy.

Q: Which monopolistic behaviors are subject to the Anti-Monopoly Law of the People's Republic of China?
A: Monopolistic behaviors in economic activities within the territory of the People's Republic of China shall be governed by the Anti-Monopoly Law of the People's Republic of China. Monopolistic practices outside the territory of the People's Republic of China that have the effect of excluding or restricting competition in the domestic market shall be governed by the Anti-Monopoly Law of the People's Republic of China.

Q: What are the monopolistic behaviors stipulated in the Anti-Monopoly Law of the People's Republic of China?
A:
  1. Business operators reach a monopoly agreement;
  2. Abuse of dominant market position by business operators;
  3. Concentration of business operators that has or may have the effect of excluding or restricting competition.

Q: The State Council has established an Anti-Monopoly Committee, which is responsible for organizing, coordinating and guiding anti-monopoly work and performing certain duties?
A:
  1. Research and formulate relevant competition policies;、
  2. Organize investigations and evaluations of the overall market competition situation, and issue assessment reports;
  3. Formulate and issue anti-monopoly guidelines;
  4. Coordinate anti-monopoly administrative law enforcement work;
  5. Other duties as prescribed by The State Council.

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