China Justice Observer

中司观察

EnglishArabicChinese (Simplified)DutchFrenchGermanHindiItalianJapaneseKoreanPortugueseRussianSpanishSwedishHebrewIndonesianVietnameseThaiTurkishMalay

China Issues 13 Antitrust Fines Against Multiple Internet Giants

Sat, 12 Feb 2022
Categories: China Legal Trends

On 5 Jan. 2022, the State Administration for Market Regulation (SAMR) issued 13 administrative penalties.

According to the penalties, the SAMR unveiled 13 cases of unreported concentration of business operations and imposed a fine of CNY 500,000 on several domestic internet giants involved per case.

Although the fine was relatively small, it was de facto the highest amount that could be imposed by the regulatory authority under this circumstance. It is fair to say that the regulatory authority has considered these behaviors to be serious.

Among them, there are nine penalties involving Tencent Holdings Ltd, and one penalty involving Bilibili Inc, Ali Venture Capital Co. Ltd as well as Alibaba (China) Network Technology Co. Ltd each.

All the companies involved are influential internet giants in China.

It is worth noting that, on 10 April 2021, Alibaba was fined CNY 18,228 billion (approx. USD 2,858 billion) for abusing its dominant position in the domestic online retail platform service market. This has been the highest penalty amount in China’s anti-monopoly enforcement.

On 10 Nov. 2020, the SAMR also issued the “Antitrust Guidelines for Platform Economy (Draft for Public Comment)” (关于平台经济领域的反垄断指南(征求意见稿)), aiming to prevent and stop monopolistic behaviors in the country’s internet platform sector.

 

 

Cover Photo by JuniperPhoton on Unsplash

Contributors: CJO Staff Contributors Team

Save as PDF

Related laws on China Laws Portal

You might also like

SPC Publishes Typical Cases on Public Security Crimes

In April 2024, China's Supreme People's Court (SPC) released five typical cases illustrating crimes against public security, emphasizing clarifications on trial criteria and sentencing principles, featuring a case involving serious injuries from objects thrown off a high-rise building.

Beijing Court Upholds Workers' Right to Offline Rest

The Beijing No. 3 Intermediate People's Court ruled that workers are entitled to overtime pay for “invisible overtime work” conducted via social media outside of working hours, protecting their right to “offline rest”.

China Revises State Secrets Protection Law

China’s national legislature, the National People’s Congress, revised the State Secrets Protection Law to enhance information classification, secrecy in technological innovation, and precise protection of state secrets, effective May 1, 2024.