State Council OKs Working Rules for Anti-monopoly Committee

In accordance with Anti-monpoly of the People's Republic of China, the State Council has approved working rules for the anti-monopoly committee which elaborates the missions, structure, meeting system, working system and working procedure. 

The main missions of the committee are: drawing up competition polices, organizing investigations and assessments on the overall situation of market competition, making reports; making anti-monopoly guidelines; coordinating administrative enforcement of the law and other unspecified missions.  Under the rules, the committee invites experts from multiple disciples such as law and economic to advise on important issues.

Vice Premier Wang Qishan heads the committee. Three central government agencies, Ministry of Commerce, National Development and Reform Commission and State Administration for Industry and Commerce assume the routine enforcement duties.

(China IP News)

2013-07-17