New Developments and Empirical Evidence
New Horizons in Competition Law and Economics series
Edited by Michael Faure and Xinzhu Zhang
During the 29th session of the 10th National People’s Congress on 30August 2007 China adopted a long-awaited Anti-Monopoly Law (AML). Almost one year later, on 1 August 2008 the law entered into force. In December 2009 an international conference ‘Regulation and Competition in China’ was held in Nanchang, Jiangxi Province, China. That conference brought together legal scholars and economists from China as well as from Europe and the US to provide a combined legal and economic perspective to deal with specific and interesting regulatory and competition policy issues that China was facing. The 2009 conference, which took place just one year after the entry into force of the AML made clear that China has important challenges ahead in how precisely to apply the AML in practice. The results of this first conference were published in a book in 2011. That book made clear that the AML holds many promises concerning the development of an efficient competition policy in China but that at the same time many issues still needed to be resolved. Questions for example arose on the precise objectives that anti-monopoly authorities would be following in China, but also with respect to the specific position of administrative monopolies and state-owned enterprises.