Monopoly law under revision

Tools against anti-market favoritism to get 1st change in 10-year existence

China is revising its anti-monopoly law, the first such move since the legislation took effect 10 years ago. The draft by NDRC will be submitted for review next month, according to an official from the country's top economic planner.

The revision is expected to incorporate into law the fair market competition review system outlined by the State Council, the nation's Cabinet, according to an official from the National Development and Reform Commission with direct knowledge of the matter who declined to be named.