On 2 January 2020, the State Administration for Market Regulation of China (“SAMR”) released a draft of the proposed amendment to the Anti-Monopoly Law of China (“Draft Amendment”) to solicit public comments from different sectors of society. It indicates that after twelve years, at the beginning of the 2020s, the Anti-Monopoly Law of China (“AML”) is envisioning an overhaul. Enacted on 30 August 2007 and implemented on 1 August 2008, the enforcement of the AML in its current form has entered the twelfth year. These years have seen a series of changes, for example, in the domestic and foreign economic environment, the policy goals and the governance concepts of the Chinese government, the characteristics of business competition, and the institutional structure of the antitrust authorities.
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The Chinese State Administration for Market Regulation releases its draft proposing amendments to the Chinese Anti-Monopoly Law
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