Key Changes and Impacts On October 23, 2021, the Standing Committee of the Chinese National People's Congress (“NPC”) released the Draft Amendments ('Draft Amendments') to Anti-Monopoly Law of the People's Republic of China (“AML”) for public comments . This is the second draft of amendments released to the public --- in year 2020, State Administration for Market Regulation, (“SAMR”, the antitrust enforcement authority in China at that time) has released a first draft (“2020 Draft Amendments’). With the formal test of the Draft Amendments submitted to the NPC for the first reading, it has been widely suspected that the legislation process for the amendments is accelerating. This article will summarize the key changes proposed by the Draft Amendments and discuss their impacts to doing
The Chinese National People’s Congress seeks comments on its draft amendments to the anti-monopoly law
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.