The Chinese State Council releases a circular elaborating its legislative work plan to submit the Anti-Monopoly Law for deliberation and amendment by Congress to close “loopholes” in anti-cartel enforcement

Companies doing business in China need to anticipate stricter anti-cartel enforcement in the near future. Recently released legislative plans suggest an amendment of the Anti-Monopoly Law is on its way. The published draft amendment – prepared by the State Administration for Market Regulation, the China’s top antitrust agency – contains important changes relating to anti-cartel enforcement. On 11 June 2021, China’s cabinet – the State Council – released a circular elaborating its legislative work plan to submit the Anti-Monopoly Law (“AML”) – China’s main competition law – for deliberation and amendment by the National People’s Congress Standing Committee (“NPCSC”). A draft of the amended AML (“Draft Amendment”) was drafted by State Administration for Market Regulation (“SAMR”) and released on 2

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  • Hogan Lovells (Beijing)

Quotation

Jingwen Hou, The Chinese State Council releases a circular elaborating its legislative work plan to submit the Anti-Monopoly Law for deliberation and amendment by Congress to close “loopholes” in anti-cartel enforcement, 11 June 2021, e-Competitions June 2021, Art. N° 101528

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