New Anti-Monopoly Regulations in Force in China
Click here to read the full article onlineSeptember 1, 2019 may be seen as a new starting point for the enforcement of China’s antitrust and competition laws. On this date, three new sets of rules and regulations (the “Three New Regulations”) took effect, which were issued by China’s newly formed competition authority, the State Administration for Market Regulation (“SAMR”): the Interim Provisions on Prohibiting Monopoly Agreements (“IPP-MA”), the Interim Provisions on Prohibiting Abuse of Dominant Market Positions (“IPP-AD”), and the Interim Provisions on Prohibiting the Acts of Eliminating or Restricting Competition by Abuse of Administrative Power (“IPP-AAP”). The Three New Regulations are expected to provide clear guidance for the SAMR and the provincial market supervision departments in their enforcement of China’s Anti-Monopoly Law (“AML”).