Since the Antimonopoly Law of 30 August 2007 came into force on 1 August 2008, China has quickly emerged as an important competition law jurisdiction both for domestic companies and for international businesses with activities in China.
Largely following the model of EU and German competition law, the Antimonopoly Law comprises three broad sets of rules:
- conduct rules prohibiting restrictive agreements and the abuse of a dominant market position (Chapters II and III of the Law)
- merger rules to control large M&A activity and prevent mergers that restrict competition (Chapter IV of the Law)
- rules prohibiting the abuse of administrative power that leads to restrictions of competition (Chapter V of the Law).
We are pleased to present Antimonopoly law in China which provides an overview of some of the key issues of antimonopoly law in China.
The guide is simply a summary of the key issues relevant to antimonopoly law in China and is not a substitute for legal advice. If you would like to discuss any of the issues raised here, please get in touch with us.
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