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Specific guidelines set for new Anti-Monopoly Law

The first regulation that sets specific guidelines for the Anti-Monopoly Law was announced by the State Council lainon August 4 in a move to provide guide-lines and direction for the enforcementof the law, which came into effect on Au-gust 1.

According to the regulations, all combinations must apply to authorities in charge of anti-monopoly if the joint global revenue of the companies involved exceeds RMB 10 billion or if revenue in China exceeds RMB 2 billion.