On 30 August 2007, the Chinese legislature passed the
country's first complete competition law (the Anti-
Monopoly Law). The legislation comes into force on 1 August
2008 and, in line with existing antitrust regimes, contains
provisions on three areas:
- anti-competitive agreements;
- abuse of market dominance; and
The legislation applies to any anti-competitive practices
occurring in China or having an effect on competition in the
domestic Chinese market (excluding Macau, Hong Kong and
Taiwan).
The merger regime in China has been brought in line with EC
practice by using change in control as the measure by which
concentrations are assessed. There are three scenarios to which
the act applies: the merging of two entities, the acquisition
of control by one entity over another and control acquired
thanks to one or more entities having
