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Former China antitrust official says Antimonopoly Law could improve in penalty calculation, prosecution of cartels

( June 26, 2015, 08:24 GMT | Insight) -- China's Antimonopoly Law could draw on US practices in penalty calculation, which is based on revenues, and incorporate the option of criminal prosecution for horizontal cartel activities, Xu Kunlin, former director of the Price Supervision and An...China's Antimonopoly Law could draw on US practices in penalty calculation, which is based on revenues, and incorporate the option of criminal prosecution for horizontal cartel activities, Xu Kunlin, former director of the Price Supervision and Antimonopoly Bureau of the National Development and Reform Commission, said in an interview with Oriental Outlook, a magazine under the official Xinhua News Agency....

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