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Webinar on 21 July 2022: Insights into China’s Landmark Anti-Monopoly Law Reforms

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Webinar Invitation: Insights into China’s Landmark Anti-Monopoly Law Reforms

On 24 June 2022, China’s National Peoples’ Congress approved far reaching amendments to China’s Anti-Monopoly Law (“AML“) which will become effective from 1 August 2022 (“AML Amendments“).

Alongside the AML Amendments, China’s competition regulator has published revised draft guidelines on a wide range of topics for public consultation.

This reform package will have significant consequences for the future of merger control and antitrust enforcement in China, including:

personal liability and stricter penalties for antitrust violations;
increased enforcement powers;
revised merger control thresholds and review procedure, including broad powers to ‘stop
the clock”;
an express prohibition of hub & spoke arrangements;
potential exemptions/defences for certain vertical restraints, including potential exceptions
to the prohibition of resale price maintenance;
continued scrutiny of online platforms, with significant codification of recent enforcement
and guidance.

Baker McKenzie is delighted to invite you to join us for a webinar via Zoom, where our Baker McKenzie antitrust and competition specialists in Beijing and Hong Kong will provide you with a concise briefing on key considerations with respect to these reforms and practical implications for your business.

To register, click on the REGISTER button below.
The Zoom platform will be used for this webinar. Once you fill out the registration form, you will automatically receive your unique login details via email. Should you encounter any issues during your registration or login process, please contact Xernes Martinez for assistance.

Please feel free to forward this invite to any of your colleagues who you think would benefit.

Details: 

Date: Thursday, 21 July, 2022
Time: 10:00 – 11:00 (EDT), 16:00 – 17:00 CET, 22:00 – 23:00 HKT/BJT
Language: English

Categories:
Author

Highly acclaimed and Band 1 ranked Leading Antitrust Lawyer Stephen Crosswell is the chair of Baker McKenzie's Asia-Pacific Antitrust & Competition Group, the head of our Greater China Antitrust & Competition team and the immediate past chair of our Asia-Pacific TMT Industry Group. He is one of the leading trial lawyers in Hong Kong, admitted as a Solicitor Advocate, with the right to appear as an advocate at all levels in the Hong Kong Courts, including the Competition Tribunal, the High Court, the Court of Appeal and the Court of Final Appeal.
Clients laud Stephen for his "years of experience working on competition matters." He is described as a "vital resource for clients seeking to navigate the nuances not only of the local competition law regime in Hong Kong but also across other Asian jurisdictions – including China." Stephen is uniquely placed as a specialist competition advocate in Hong Kong. He represented one of the parties to the first enforcement action taken in Hong Kong's Competition Tribunal. His practice covers investigations, dawn raid response, multijurisdictional cartel investigations, leniency, merger clearance, collaboration/joint ventures and antitrust advisory. Stephen’s three decades of experience includes running and advising on some of the largest and most high-profile competition trials, dawn raids, leniency applications, cross-border cartel matters and merger clearance projects in Asia.
Stephen is also one of the leading telecoms, media and technology regulatory lawyers in Asia, with a practice that covers a broad range of regulatory and litigation issues in China, Hong Kong and throughout the Asia Pacific. This includes digital market regulation, AI, interconnection disputes, premium media content disputes, telecommunications licensing, spectrum allocation and auctions, 5G rollout, submarine cables, cable landing stations, satellite disputes, pay and free TV licensing, judicial review proceedings and access claims.

Author

Laura Liu is a partner at the Baker McKenzie FenXun Joint Operation Office in Beijing. She advises clients across a range of transactional, advisory and contentious competition matters, with a focus on China antitrust legal issues. Laura has experience in multi-jurisdictional competition law issues as well, having worked in Baker McKenzie's Brussels office, where she assisted clients with multijurisdictional merger filings and antitrust compliance. Laura has also assisted clients with handling multijurisdictional foreign investment filings as well as the new EU Foreign Government Subsidies Regulation for cross-border transaction and also has assisted several clients in passing the China National Security Review (NSR) in China Laura has advised numerous clients on complex competition compliance and advisory matters, including setting up competition compliance programs and conducting internal compliance audits etc.. In addition, she has considerable experience in handling dawn raids and antitrust investigations facing the China competition authority. With a global perspective and deep understanding of Chinese companies' demands, Laura has assisted a significant number of China-based multinational companies in navigating layers of regulatory control, such as global multijurisdictional merger control, foreign investment review as well as the EU foreign government subsidy assessments in their cross-border M&A deals, as well as managing the global coordination of regulatory filing strategies for major deals with Baker McKenzie offices and local firms to obtain necessary clearances in overseas jurisdictions. Before joining the joint operation, Laura worked as a full-time antitrust lawyer at two leading domestic PRC law firms for six years. She now plays a key role in building up and strengthening the China practice. Clients have commented that "she is very diligent, responsive and definitely knows her stuff" and that "her advice is right to the point and commercially practical."

Author

Tom Jenkins is a partner in Baker McKenzie's Brussels' European, Competition Law & Regulatory Practice. Tom has been practicing competition law in London, Brussels and Hong Kong/Asia Pacific for more than 12 years. Chambers notes that, "Tom Jenkins is a special counsel in the firm's Hong Kong office and is experienced in handling both merger filings and antitrust investigations. He is praised by one client for having a great understanding of competition law in Hong Kong and around the world as well as for his quick turnaround time."

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