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China: Price cartels, selling below cost and price discrimination banned

Saturday, 1 August 1998

China has enacted rules against price cartels, selling below cost and price discrimination. A price cartel seems to be illegal only if the participants intend to control the market price. Selling below cost and price discrimination are illegal even in the absence of a dominant position or a restrictive effect on competition.

Andreas Diem and Rosanna Grosso
Gleiss Lutz Hootz Hirsch
Shanghai

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