Antitrust Comes of Age in China
1 October 2007
By Dr. Fei Deng and Dr. Gregory Leonard
In this NERA brief, Senior Consultant Dr. Fei Deng and Senior Vice President Dr. Gregory Leonard describe China's new Anti-Monopoly Law (AML), which was passed on its third reading before the Standing Committee of the People's National Congress (NPC) on 30 August 2007 after almost 14 years of planning, drafting, and debate. Dr. Deng and Dr. Leonard examine the ways in which the AML is consistent with the manner in which US antitrust law views the exercise of intellectual property rights, as well as how the AML deviates in certain ways from US principles. The authors note that, although the passage of the AML and its imminent enforcement will enable China to play a major role in global antitrust governance, how the law will actually be implemented remains to be seen.
