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China's New Anti Monopoly Law Explained. Well, Sort Of.

Posted by Dan on November 21, 2007 at 06:42 AM

Toronto attorney, Paul Jones, has an article seeking to explain China's new anti-monopoly law. It is entitled, "China's New Anti-Monopoly Law: An Economic Constitution For the New Market Economy," and it describes the new law as "still a work in progress (h/t to China Business Law Blog).

I second that emotion.

I actually began my career as a big firm antitrust lawyer, and about all I can muster so far regarding the new law (set to become effective on August 1, 2008) is that it is really going to depend on its enforcement and I for one do not see how it can be soundly enforced when there are probably only a handful of lawyers and judges in all of China with a deep understanding of antitrust law, which is notoriously complex.

Les Jeux Sans Fait.

Comments

It'll be enforced. Against foreign companies.

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China's New Anti Monopoly Law Explained. Well, Sort Of.: