Anti Monopoly Law of China
The Anti Monopoly Law of China (Chinese: 反垄断法; pinyin: Fǎn Lǒngduàn Fǎ) is the main legal statute that regulates competition law (or antitrust law) in the People’s Republic of China. The National People’s Congress passed it in 2007 and it came into effect on 1 August 2008. The law aims to prevent and restrain monopolistic behaviors, protect fair market competition, safeguard consumer interests, and promote the healthy development of the socialist market economy.
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