Cooperation, Comity, and Competition in China
On August 30, 2007, the 29th session of the Standing Committee of the 10th National People's Congress passed the Anti-Monopoly Law of the People's Republic of China, which took effect on August 1, 2008. The law set forth the basic systems of the Anti-Monopoly Law, reflecting China's competition policy, and constituting the basic legal foundation for China to carry out its antimonopoly law. This chapter is organized as follows. The first section discusses the principles of the extraterritorial jurisdiction of China's Anti-Monopoly Law as well as related questions. The second section considers the application of the comity principle in China's Anti-Monopoly Law. The third section discusses the principles and forms that China might adopt in carrying out competition policies with regard to international corporations.
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