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ARTICLE · 23 SEPTEMBER 2008

New Anti-Monopoly Law Takes Effect

On August 1, 2008, China's new Anti-Monopoly Law (the "AML") took effect. and two days later the Provisions on the Declaration of Concentration of Business Operators also became effective.

ChinaAntitrust/Competition Law
David Tang
David Tang
Julian Y. Zou
Julian Y. Zou

Introduction

On August 1, 2008, China's new Anti-Monopoly Law (the "AML") took effect. and two days later the Provisions on the Declaration of Concentration of Business Operators also became effective. The latter is widely considered to be the rules of implementation for one of the pre-transaction thresholds set forth in the AML (the "Concentration Provisions"). For purposes of simplifying this analysis, the AML and the Concentration Provisions will be collectively referred to as the AML.

In the AML, monopoly activities have been categorized into three types (Article 3): monopoly agreements between business operators ("Monopoly Arrangement"), abuse of dominant market position by business operators ("Abuse of Market Position"), and concentration of business operators that have or may have the effect of eliminating or restricting competition ("Concentration of Business Operators"). Each of the three types are addressed in detail in the following discussion, which

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