anti-monopoly law

Chinese Joke About Lawyers Turns Out To Be All Too True

There’s a Chinese joke about lawyers that goes like this:  “You know you broke the law, right?” “Which law?” “Why, teaching the law is illegal!” [Editor’s note: It reads better in the original Chinese] The joke became reality...

Beijing Announces New Rules to Curb Tech Monopolies

China’s market regulator has announced new rules to identify and stop monopolistic practices in the internet industry, in the latest move by Chinese officials to rein in the country’s burgeoning tech sector. In a...

China Approves Wal-Mart E-Commerce Deal

Despite Wal-Mart’s turbulent run in China, the Arkansas based company has now received approval for its previous bid to raise its stake in an online supermarket. From Reuters: Wal-Mart had said in February it would raise its...

China Draft Anti-monopoly Rules Aim At Foreign Price Deals

From Reuters: Draft anti-monopoly rules issued by China propose restrictions on price agreements that could apply to deals reached by foreign companies beyond the country’s borders, potentially in mining and other sectors....

Beijing Thwarts Coke’s Takeover Bid

Coca Cola’s two-billion dollar takeover bid for Chinese juice company Huiyuan has been rejected. From the Wall Street Journal: The decision by the Commerce Ministry Wednesday to block what would have been the largest-ever...

China’s Independents To Sue Oil Majors Over Fuel

From Reuters: Frustrated by an unsteady trickle of overpriced fuel, China’s independent oil firms hope to sue the country’s two energy giants Sinopec and PetroChina under a new anti-monopoly law, Chinese media...

Chinese Court Turns Down First Anti-monopoly Case

From Xinhua: The No. 1 Intermediate People’s Court of Beijing on Thursday rejected an anti-monopoly case considered the first of its kind in China, the Beijing Times reported. In a first-instance trial ruling, the court...

Coke Deal to Test China’s Antitrust Law

From the Wall Street Journal: Coca-Cola Co.’s $2.4 billion deal to acquire China Huiyuan Juice Group Ltd. offers the first major test of China’s new antitrust law — one that comes amid public concern over the...

SOE Trim-down Collides With Antitrust Law

From Economic Observer Online: A wave of consolidation among Chinese state-owned firms (SOEs) have collided with the tide of antirust exercises as China’s first ever Anti-monopoly Law came into effect on Aug 1. The Law has...

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