[codicts-css-switcher id=”346″]

Global Law Experts Logo
Yellow traffic sign displaying the word "MONOPOLY" against a backdrop of pastel clouds.

Talk with Our Expert

Legal professional smiling at desk with a globe and legal-themed decor in modern office setting.

Jonathon Richards

Global Law Experts

Lead Enquiries Qualification

What Has Changed in China’s Amended Anti-Monopoly Law?| Dezan Shira & Associates

By Global Law Experts
– posted 4 years ago

On June 24, 2022, the Standing Committee of the National People’s Congress (NPCSC), China’s legislature, released the final version of the revised Anti-Monopoly Law (AML). The updated law, which comes into effect on August 1, 2022, makes several major changes and additions, including prohibiting the use of certain technology to engage in anti-competitive behavior, raising the maximum fines for violations, and curbing abuse by administrative organs and organizations. 

Shortly after the publication of the revised AML, the State Administration of Market Regulation (SAMR) released six sets of draft provisions that have been updated to align with the changes in the AML. The six provisions are: 

These provisions will assist in the implementation of the AML after they have passed and come into effect. 

The new changes to the AML give more legal teeth to the law underpinning China’s anti-monopoly legislative framework, and will significantly impact large companies and in particular – but not exclusively – large technology and platform companies. 

 

Stay informed with the latest legal developments at Global Law Experts

Find the right Legal Expert for your business

The premier guide to leading legal professionals throughout the world

Specialism
Country
Practice Area
LAWYERS RECOGNIZED
0
EVALUATIONS OF LAWYERS BY THEIR PEERS
0 m+
PRACTICE AREAS
0
COUNTRIES AROUND THE WORLD
0
Lawyer Profile Page - Lead Capture
GLE-Logo-White
Lawyer Profile Page - Lead Capture

What Has Changed in China’s Amended Anti-Monopoly Law?| Dezan Shira & Associates

Send welcome message

Custom Message