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Chinese companies have gradually recognized that participation in groups that set industry standards is often crucial to acquiring greater market share
The goal of antitrustcompetition policy and procedure whether in the United States, the European Union (EU), or the People's Republic of China (China) is to promote and foster consumer welfare by regulating market conduct to assure that products and services are available at the lowest prices and best quality and to ensure that product and service innovation facilitates the development and market exploitation of new ideas
