Law enforced to ensure fair competition
Editor's Note: Central and local regulators will reportedly launch a massive investigation into unfair competition in key areas such as medical care and the internet. 21st Century Business Herald comments:
This marks an intensive law enforcement campaign following the revision of the Law on Anti-Unfair Competition by the National People's Congress, the top legislature, on April 23. The move is aimed to create a fair and competitive business environment, maintain market order and protect the rights and interests of consumers. The newly-established State Administration for Market Regulation will lead the campaign.
As competition becomes increasingly fierce in some fields, unfair competition has become increasingly common, complicated and widespread in recent years, even evolving into a chronic malaise particularly in education, medical care, the internet and other service industries.