In this issue:
A New York-based think tank, the Conference Board, has said China and India will account for half the world’s economic growth in the next 10 years. Even if this is optimistic, understanding the financial, regulatory, and business climate in these two countries is crucial to any global business. Yet both have nascent competition regimes. We asked three on-site authorities from each country to educate us on the successes and challenges India and China have experienced to date in their approaches to antitrust.
China – An Antitrust Update
The regulatory void has been filled, to some degree, by the decisions made by the Chinese courts in a number of high profile dominance cases. Martyn Huckerby & Sharon Wong (Mallesons)
This analysis of several early cases brought under the AML shows that civil litigation is already beginning to impact business behavior. Lester Ross (WilmerHale)
A careful observer could find that the enforcement authorities are actually beefing up their enforcement and composing themselves for more active applications of the AML in the future. Jun Wei (Hogan Lovells)
India – An Antitrust Update