CRA economist Dr. Elizabeth Xiao - PDF document

February 2015 CRA economist Dr. Elizabeth Xiao - Ru Wang testifies on competition enforcement in China Elizabeth Xiao - Ru Wang was invited to testify before the U.S. – China Economic and Security Review Commission on the foreign investment climate in China. The hearing, held on January 28 in Washington, DC, included three panels comprised of government offic ials, academics, and antitr ust practitioners. Dr. Wang, William Kovacic of Ge orge Washington University Law School, and Abbot (Tad) Lipsky, Jr. of Latham & Watkins, answered questions from the commission about the legal and regulatory context for China’s competition law enforcement. Other speakers at the hearing included Maureen K. Ohlhausen of the Federal Trade Commission and Mark Cohen, Special Counsel with the US Patent and Trademark Office. Dr. Wang’s Testimony Regarding the Legal and Regulatory Context for China’s Antitrust Enforcement Dr. Wang provided background and context for China’s Anti - Monopoly Law, its resources, and an overview of its enforcement in the last six years. She noted that China’s antitrust regime features new agencies carrying a heavy case load involving complex antitrust issues within a changing economic a nd legal framework. The dynamic economy in China, as it transforms from a planned to a market economy, also presents some challenges for multinational companies seeking regulatory approval in China. To read Dr. Wang’s written testimony, click here . For more information about the U.S. – China Economic and Security Review Commission and the hearing, click here . About Elizabeth Xiao - Ru Wang Dr. Wang is a principal with Charles River Associates. She advises clients on merger reviews, a ntitrust investigations, and private litigation. Her work frequently involves meeting with Chinese regulators and economists. She is vice chair of the International Antitrust Committee of the International Law Section of the American Bar Association and a senior research fellow and economist at the Competition Law Centre, University of International Business and Economics, Beijing, China. CRA Insights: China Highlights | 2 CRA and our China expertise CRA combines deep knowledge of local laws and regulations with extensive experience in merg er reviews in all major jurisdictions, including Asia , Europe, and North America . Many CRA economists have held leading positions in European, American, or Canadian government regulatory agencies. We offer firms with multinational interests a s pecialized p oint of contact in each region to coordinate the work of tightly integrated transnational teams. Read more about our China expertise here . Contact Elizabeth Xiao - Ru Wang, PhD Principal +1 - 617 - 425 - 3596 ewang@crai.com The conclusions set forth herein are based on independent research and publicly available material. The views expressed herei n are the views and opinions of the authors and do not reflect or represent the views of Charles River Associates or any of the organizations with which the authors are affiliated. Any opinion expressed herein shall not amount to any form of guarantee t hat the authors or Charles River Associates has determined or predicted future events or circumstances, and no such reliance may be inferred or implied. The authors and Charles River Associates accept no duty of care or liability of any kind whatsoever to a ny party, and no responsibility for damages, if any, suffered by any party as a result of decisions made, or not made, or actions taken, or not taken, based on this paper. If you have questions or require further information regarding this issue of CRA Insights: China High lights , please contact the contributor or editor at Charles River Associates. This material may be considered advertising. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at www.crai.com . Copyright 2015 Charles River Associates