Anti-monopoly law commission in force

Several government agencies, rather than a single body, will be responsible for enforcing the country's first anti-monopoly law, according to sources familiar with the case.

The long-awaited landmark antitrust legislation, proposed 15 years ago and passed only last year, takes effect from Aug 1.

As the law's primary goal is to encourage fair competition, it is seen by investors and legal experts as a main component of China's market economy constitution.