From AFP:
Beijing’s anti-monopoly act takes effect this week but its introduction, which experts say will change how business is done in China more than any other recent law, remains surrounded by confusion.
The law, which comes into force Friday after over two decades in the making, calls for national security reviews for foreign investments, protects key Chinese industries and grants authorities substantial discretion.
But the government has yet to say who will enforce the law, which covers mergers, price fixing and day-to-day business agreements.
“This is a problem and everyone knows it,” said Cheng Yuan, a Beijing-based antitrust lawyer at the firm Linklaters.
