China's Parliament to Mull Anti-Monopoly And Other Laws

[BayCityProgressive]

http://news.yahoo.com/s/afp/20060624/ts_afp/chinaeconomymonopolylaw

The standing committee of the National People's Congress was to deliberate on the anti-monopoly draft for the first time, a press release said Saturday.

"The aim of the law is to protect fair competition, prevent and check monopolistic behavior and maintain an orderly market place," state-controlled Xinhua news agency said of the draft law.

The draft law banned monopolistic agreements, such as price-fixing and other forms of collusion, while providing guidelines on investigating and prosecuting monopolistic practices, it said.


interesting that they are debating these things.

[mom cat]

1. Maybe we will be debating them again someday too.