Open and transparent?

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    After five years of development under the Anti-Monopoly Law (AML), China’s antitrust enforcement appears to be on course towards a level of international acceptance. Civil litigation is on the rise, a sure sign of confidence. The Ministry of Commerce (MOFCOM) has been working to improve its image at home and abroad, and merger control has been a key area for significant progress. Transparency in the law and with a review of published decisions has gone along way towards communicating policy direction on antitrust enforcement. Investigations, particularly in the area of cartel behaviour, have resulted in significant horizontal and vertical monopoly case results including fines, for the first time, against international organisations for price fixing.

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