China Competition Policy

China’s Competition Policy aims to promote fair market practices and prevent monopolistic behaviors to ensure healthy economic growth. It involves regulating how companies compete, preventing unfair mergers and acquisitions, and stopping practices that could stifle competition or harm consumers. The policy seeks to create a level playing field where both domestic and international firms can compete fairly. Regulatory agencies monitor market behavior to prevent abuse of dominant positions and encourage innovation. Overall, it strives to balance encouraging business development with maintaining fair, competitive markets that benefit consumers and the economy.