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China's New Anti Monopoly Law. A Post About Nothing Cause Nothing From Nothing Means Nothing.

By Dan Harris and Steve Dickinson

We must not make a scarecrow of the law, Setting it up to fear the birds of prey, And let it keep one shape, till custom make it Their perch and not their terror. William Shakespeare, Measure for Measure My friend Stan Abrams over at China Hearsay posts on why he has not posted on China's new Anti-Monopoly law. Stan's explanation is essentially that becuase there are no regulations explaining the new law and and no real evidence as to how it will be enforced or even if it will be enforced there is nothing to say on it. Stan is dead on and too will say nothing on it beyond repeating what I said back in a November post:

I actually began my career as a big firm antitrust lawyer, and about all I can muster so far regarding the new law (set to become effective on August 1, 2008) is that it is really going to depend on its enforcement and I for one do not see how it can be soundly enforced when there are probably only a handful of lawyers and judges in all of China with a deep understanding of antitrust law, which is notoriously complex.

Full post as published by China Law Blog on July 30, 2008 (boomark / email).