The Antitrust Enforcers' New Year Resolutions
China Law & Practice, pp. 20-24, February 2011
5 Pages Posted: 29 Jan 2011
Date Written: February 1, 2011
Virtually on the eve of Chinese New Year – on February 1, 2011 – five brand-new regulations implementing the Anti-Monopoly Law (AML) came into effect. The regulations were enacted by the National Development and Reform Commission (NDRC) and the State Administration for Industry and Commerce (SAIC) in the dying days of the Roman calendar year – on December 29 and 31, 2010, respectively.
For the two authorities, the five regulations may open a new chapter in their AML enforcement history. For businesses in China, the regulations may mean having to dedicate additional resources to ensure compliance.
Keywords: Antitrust, Anti-Monopoly, Competition Law, China, NDRC, SAIC, Anti-competitive agreements, Abuse of Dominance, Administrative Monopolies
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