ABSTRACT

International Antitrust Enforcement: China and Beyond, Hearing Before the Subcommittee on Regulatory Reform, Commercial and Antitrust Law of the Committee on the Judiciary, U.S. House of Representatives, One Hundred Fourteenth Congress, Second Session, June 7, 2016   [open pdf - 4MB]

This is the June 7, 2016 hearing on "International Antitrust Enforcement: China and Beyond," held before the House of Representatives Subcommittee on Regulatory Reform, Commercial, and Antitrust Law of the Committee on the Judiciary. From the opening statement of Darrell E. Issa: "We convene today's hearing to examine the enforcement of competition laws across the globe but with a focus on how China is enforcing its laws. This focus is a result of troubling reports that China may be using its competition laws or, if you will, its anti-trust laws, to advance industrial policy at the expense of America and other foreign companies. We will also examine how the executive branch has responded to China's administration and its competitive laws. [...] As China's economy developed, so did its laws and regulations designed to foster future growth. In 2007, China enacted its competition laws called the 'Anti-Monopoly Law,' or 'AML.' Since the AML's enactment, there have been troubling reports of China deploying the law in a manner that violates international norms of due process with the result of prioritizing the advancement of China's industry policies over promoting competition. [...] We should ensure that U.S. companies are treated fairly, consistently, and objectively by international jurisdiction. Today's hearing will help inform the Committee regarding international competition law enforcement, particularly China, and whether other countries are influenced by China's use of the AML." Statements, letters, and materials submitted for the record include those of the following: Maureen Ohlhausen, Mark A. Cohen, Sean Heather, and Thomas J. Horton.

Report Number:
Serial No. 114-80
Publisher:
Date:
2016
Copyright:
Public Domain
Retrieved From:
Government Accountability Office: http://www.gao.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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