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Draft regulation ensures market order by eliminating extorters

China Daily | Updated: 2016-08-16 07:53

CHINA'S STATE ADMINISTRATION for Industry and Commerce has released a draft regulation based on the country's consumer protection law, which aims to crack down on those who extort "compensation" by threatening to bring to court producers and dealers of shoddy goods. Such people actually disturb market order, Beijing Times commented on Monday:

Previously, some people have sued and challenged companies that sold counterfeit products, in order to defend their rights as customers. The new regulation, which is expected to come into effect soon, does not mean that consumers' legal interests and anti-counterfeiting efforts are to be ignored or dismissed.

The aim of the draft regulation is to get rid of those who have made blackmailing sellers or producers a business, by threatening to sue them in exchange for illegal profit. In doing so, true victims of copycat products will be better protected and compensated in accordance with relevant laws.

Draft regulation ensures market order by eliminating extorters

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