On May 3, 2012, the Supreme People’s Court of China finalized and issued the Regulations on Several Issues Concerning Application of Law in the Trial of Civil Cases Arising from Monopolistic Conducts (the “New Regulations”) . These Regulations are China’s first judicial interpretation of anti-monopoly related law suits after the promulgation of the Anti- Monopoly Law of the People’s Republic of China (“AML”) on August 30, 2007, which came into effect on August 1, 2008. The New Regulations, which took effect on June 1, 2012, set out for the first time the general guidelines for PRC courts in handling civil anti-monopoly lawsuits in China. Article 50 of the AML provides that if a business operator’s monopolistic conduct causes others to incur losses, the business operator shall bear civil
The Chinese Supreme Court issues its first judicial interpretations on anti-monopoly law suits
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.