Calls for single anti-monopoly agency

A unified and independent agency is needed to ensure the successful implementation of the Anti-Monopoly Law, which is scheduled to come into effect next August, experts have said.

The law, adopted by the Standing Committee of the National People's Congress on August 30, after 13 years of revisions, proposes a special Anti-Monopoly Commission be set up under the State Council to organize, coordinate and guide anti-monopoly work.

The law will include targeting abuse of market-dominant positions and administrative power that excludes or restricts competition.