The Chinese State Administration for Market Regulation ramps up antitrust enforcement by introducing 3 consolidated antitrust enforcement guidelines

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Since September 2018, the State Administration for Market Regulation ("SAMR"), the consolidated Chinese competition authority, has strengthened its enforcement of the China Anti-Monopoly Law (the "AML"). Given the increasing importance of antitrust law compliance in China, business operators should: ensure there is a compliance program in place and that it extends to all necessary areas of the business; check that the compliance program has been reviewed recently and, if not, see if it needs to be refreshed, particularly in view of new enforcement developments; and prepare in advance in order to help the business team avoid or mitigate the antitrust risk in daily operations, particularly given current US-China trade tensions. 1. Increasing costs for violating the AML Expanding the

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Authors

  • Baker McKenzie (Hong Kong)
  • Baker McKenzie (Hong Kong)
  • FenXun Partners (Beijing)
  • Baker McKenzie (Beijing)
  • Baker McKenzie (Beijing)

Quotation

Stephen Crosswell, Thomas Jenkins, Zhi Bao, Laura Liu, Wenting Ge, The Chinese State Administration for Market Regulation ramps up antitrust enforcement by introducing 3 consolidated antitrust enforcement guidelines, 1 July 2019, e-Competitions July 2019, Art. N° 96928

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