Client Alert
| August 27, 2008
The New China Anti-Monopoly Law
After more than a decade of discussions and draft legislation, the Chinese Anti-Monopoly Law (the "AML") became effective on August 1, 2008. The scope of the AML is similar to that of most antitrust/competition law systems around the world, covering anticompetitive agreements and abuse of market dominance, and setting out a merger control regime.
This Client Alert summarises the main provisions of the AML and considers the AML's likely impact upon international companies doing business in China or with Chinese companies. In summary, although the basic framework is now finally in place, many important questions remain unanswered as to the how the provisions will be applied in practice.
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
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