Private oil companies could sue over state monopoly

November 2008
TCE: The Chemical Engineer;Nov2008, Issue 809, p10
Academic Journal
The article focuses on the possibility that private oil companies in China will file a suit against state-owned oil producers China National Petroleum (CNPC) and China Petroleum & Chemical (Sinopec) for monopolizing the market. Zhao Youshan, president of the Petroleum Flow Committee of China General Chamber of Commerce, said that he might organize private Chinese oil companies to use the anti-trust law. Zhao believes that the anti-trust law will help private companies purchase more oil.


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