The Supreme People’s Court has identified certain relevant factors when assessing such agreements from an antitrust perspective. The Chinese entity of a multinational medical device manufacturer was fined RMB 9.12 million for RPM, representing 3% of its 2020 total China-wide revenue. The antitrust authority will be stepping up oversight over the platform economy, technology development, data security and livelihood sectors such as utilities, healthcare and medicine.
The Guide to Doing Business in China provides an introduction to selected aspects relating to investment and business operations in the People’s Republic of China under current Chinese laws and policy during the COVID pandemic, including a summary of important areas of concern to all investors in China: mergers and acquisitions, data privacy issues, antitrust and competition issues, taxation, employment, intellectual property protection, trade and import and export rules, financial services, as well as anti-bribery compliance and dispute resolution issues.
In this regional update, we provide you with a practical overview of the most notable antitrust legal developments of quarter 1 in 2022 that may affect your business.
In the Asia Pacific Competition update, we provide you with a practical overview of the most notable antitrust legal developments of the third quarter in 2021 that may affect your business.
The wide-ranging proposed amendments to China’s Antimonopoly Law (AML) (“Proposed Amendments”) were published for public comments immediately after being presented to China’s top legislature for the first reading. It is clear from the Proposed Amendments that China intends to continue to strengthen antitrust enforcement.
The local antitrust regulator’s recent fine of USD 45.62 million on an electrical product manufacturer follows SAMR’s record USD 117 million fine for RPM earlier this year. SAMR also continues to actively enforce failure-to-notify/gun-jumping violations, imposing 24 penalty decisions over Q3 of 2021. The authority may be contemplating addressing illegal price-related behaviours under the Pricing Law, in addition to the Anti-monopoly Law.
In this regional update, we provide you with a practical overview of the most notable antitrust legal developments of the second quarter in 2021 that may affect your business.
In this regional update, Baker Mckenzie provides you with a practical overview of the most notable antitrust legal developments of quarter 2 in 2021 that may affect your business.
Read publication In this regional update, we provide you with a practical overview of the most notable antitrust legal developments of the first quarter in 2021 that may affect your business. In this issue: Australia ACCC announces its compliance and enforcement priorities for 2021 Shipping company criminally convicted and fined…
In brief HKCC appeals for larger fines in renovation cartel The authority is seeking an appeal to increase the penalties imposed on two contractors who were found to have engaged in cartel conduct. This update was published on 13 April 2021, as part of our quarterly newsletter, Asia Pacific Competition Highlights.…