Competition legislation is soon to be enacted in the People’s Republic of China. It will cover the three
’’classic’’ pillars of competition law: prohibition of anti-competitive horizontal or vertical agreements,
prohibition of the abuse of a dominant market position and merger control. The new law will considerably
alter the legal landscape for the business operations of domestic and foreign undertakings in China. In
addition, it is another milestone on the way to the transformation of the structure of the Chinese economy
from a planned economy to a market economy. In the following article, the core areas of the new provisions
are discussed and comparisons drawn with EU competition law. This article has been shortlisted for the
2nd World Competition Young Writer’s Award.
World Competition