After 13 years of heated debate, China enacted its first antitrust law on Aug. 30. Prior to enacting this historic law, China was the world’s largest economy without a formal antitrust law.

Literally translated, the new Chinese law is an “anti-monopoly law.” The law is comprehensive in scope, covering a wide range of traditional antitrust topics and even addressing anticompetitive administrative action. While the new law is vast in the areas it covers, its weakness may lie in the often vague provisions and use of undefined terms, whether purposeful or not.

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