摘要
After 14 years of debate,the legislature passed the Anti-monopoly Law(AML) at last on August 30,2007,which was informally referred to as the'economic constitution'.It came into effect only a few months after the equally significant Chinese Contract Law which spelled out specific and comprehensive rights for employees in China for the first time.Like the Contract Law,the Anti-Monopoly Law was problematic after it
After 14 years of debate, the legis- lature passed the Anti-monopoly Law (AML) at last on August 30,2007, which was informally referred to as the “economic constitution”. It came into effect only a few months after the equally significant Chinese Contract Law which spelled out specific and comprehen-sive rights tbr employees in China for the first time. Like the Contract Law, the Anti- Monopoly Law was problematic after it was adopted, and has raised issues with major foreign investors. One of them is that the AML was usually interpreted as protectionism in many foreign enterprises' view. So what impacts does the Anti-monopoly Law have on the lbreign investment, trade, M&A (merger and acquisition) and China's domestic competition market? ls it a market-based and competition-friendly law or a protectionist measure? And what should the foreign enterprises do in response to the new law and regulation?