A senior Chinese government adviser has called for coordinated use of six different laws to tackle increasingly destructive forms of market rivalry that undercut quality, suppress innovation and destabilize fair competition. These include the anti-unfair competition law, antimonopoly law, price law, e-commerce law, consumer rights protection law and product quality law — a framework necessary to counter business conduct that traps companies in a zero-sum spiral of unsustainable tactics, widely referred to in China as “involution-style” competition.Read More
