COMPETITION ISSUES <<Archive>>

China Applying Antitrust Law Fairly
Reuters, August 12, 2010

China is not applying double standards in the implementation of its antitrust law to discriminate against foreign firms, a senior Ministry of Commerce official said. Some international critics have raised suspicions that China is using the 2008 anti-monopoly law to block the expansion of multinational firms in China. <<More>>

China Admits Foreigners Hit by Antitrust law
Associated Press, August 11, 2010

China acknowledged that only foreign companies have been forced to scrap or change business deals under its two-year-old anti-monopoly law but rejected complaints the measure is discriminatory. <<More>>

Law on Public Procurement extends Anti-monopoly Committee's remit
International Law Office, August 05, 2010

The Ukrainian Public Procurement Law came into force on July 30, 2010. The law sets out new duties for the Anti-monopoly Committee, which is now authorised to review disputes arising out of public procurement procedures - previously, tender participants addressed their appeals to the Ministry of the Economy or to the tender organiser directly. <<More>>

ECONOMIC REGULATION ISSUES <<Archive>>

UK Reviews 'Time To Train' Regulation
Wall Street Journal, August 11, 2010

The UK government said it is reviewing the regulation allowing employees to request time off work for training, as part of its wider measures to tackle unnecessary government interference and red tape in the business sector. <<More>>

NZ to Regulate Mobile Termination
iTWire, August 04, 2010

The New Zealand government has decided to regulate mobile termination access rates - the prices mobile operators charge other telcos to deliver calls made to mobile numbers on their networks. <<More>>

Nigeria to Push through Oil Sector Reform
Financial Times, July 30, 2010

Nigeria’s parliament is poised to adopt legislation aimed at transforming the country’s troubled oil and gas industry. The petroleum industries bill is designed to reverse the mismanagement and underinvestment that has left Nigeria pumping only half its target of 4m barrels a day. <<More>>

Investment Climate ISSUES <<Archive>>

Russia Most Attractively Valued of BRIC Economies
Investment International, August 11, 2010

Russia is the most attractively valued BRIC market but all these economies should continue to prosper from strong domestic consumption, it is claimed. Strong domestic consumption in Brazil, Russia, India and China (BRIC) is a key driver of continued strength in these markets according to HSBC Global Asset Management. <<More>>

Ministry Okays Rs 1,54,512-crore Investment Proposal
Business Standard, August 06, 2010

In a major boost for investment in the petrochemical sector, the Indian Ministry of Chemicals and Fertilisers has approved a proposal of investments worth Rs 1,54,512 crore in three regions under its flagship petroleum chemicals and petrochemicals investment regions (PCPIR) policy. <<More>>

UK Safeguards Foreign Investors’ Interest
Economic Times, July 15, 2010

The UK government assured foreign investors that the proposed caps on immigration for economic migrants will not hurt companies seeking to do business in the country, and any changes to the takeover laws will not single out foreign investors. <<More>>