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Administrative monopolies, key sectors top China's antitrust agenda, senior official says

By MLex Staff ( April 11, 2024, 04:58 GMT | Insight) -- Cracking down on administrative monopolies and local protectionism are the current priorities for Chinese antitrust enforcers, Xu Lefu, a senior official with China’s top competition authority, said. Public utilities, pharmaceuticals and building materials — industries closely related to people’s livelihoods — remain targeted areas for the State Administration for Market Regulation, Xu, director-general of the regulator's Antimonopoly Enforcement Bureau Two, told the annual American Bar Association conference in Washington, DC.Cracking down on administrative monopolies and local protectionism are the current priorities for Chinese antitrust enforcers, Xu Lefu, a senior official with China’s top competition authority, said....

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