Evolution and Practice of Anti-Monopoly Law in China

China as one of the largest emerging market economies enacted its anti-monopoly law in 2008, an important step in establishing a competitive environment. In this paper, we review the course of the drafting process and its revision of China’s anti-monopoly law. We will also analyze some of its specific features, particularly those about the state-owned enterprises and the administrative monopoly. China’s anti-monopoly authorities still have a lot of work to do, including developing related supporting legislations and improving the anti-monopoly enforcement agencies. The actuality and the deficiencies of the anti-monopoly enforcement authorities are discussed. Two merger cases, InBev versus AB and Coca-cola versus Huiyuan Juice are also examined in the context of the new anti-monopoly law.