China Could Be Another Hurdle In MS Yahoo Bid 60
wattrlz points out a NYTimes piece on the clout China could soon wield on antitrust matters and the impact it could have on Microsoft's Yahoo bid. A new Chinese anti-monopoly law takes effect in August that will extend the nation's economic influence far beyond its borders. Nathan Bush, an antitrust law specialist in Beijing, said the law represents the ascendance of China "as another regulatory capital contending for influence with Brussels and Washington." The article makes it clear that no one knows how China will play its burgeoning antitrust influence — conciliatory or nationalistic.
Notahurdle. (Score:5, Insightful)
A better idea (Score:1, Insightful)
Perhaps the penalty for a violation of this law could be a boycott of their Olympics?
Re:Need a global standard (Score:3, Insightful)
Haven't you realized by now that 99% of international standards/treaties are simply bad laws that can't be repealed? Internationalization usually means that the US/EU can basically tell whatever country they want to sign this or they might get no imports/exports like Cuba has. Good idea in theory however almost every international treaty/standard has somehow been screwed up with the exception of some standardizing done by the ISO.
Re:Oh the Irony! (Score:4, Insightful)
China, if you try to distribute pictures of the tank in Tiannamen Square, you're very quietly taken off to goodness-knows-where and disappear.
Does the US need improvement? Quite possibly. Is it "so much better"? You'd better believe it, pal!
Re:Oh the Irony! (Score:3, Insightful)
Re:When most people steal your product? (Score:1, Insightful)
So, at what point does economic power won in a free market become a 'coercive interference'?