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China Releases Anti-Monopoly Law Enforcement Report (2022)

Mon, 27 Mar 2023
Categories: China Legal Trends

On 9 Feb. 2023, China’s State Administration for Market Regulation and its subordinate State Anti-Monopoly Bureau reported the anti-monopoly law enforcement in 2022 at a conference.

The conference refers to the “Antitrust Work Conference of the National Market Regulation System” (全国市场监管系统反垄断工作会议) held in Qingdao.

In 2022, the highlights of China’s anti-monopoly law enforcement activities include:

  • China has concluded 187 monopoly cases with total fines of CNY 784 million.
  • China has concluded 794 cases involving the concentration of business operators, five of which were granted conditional approval.
  • The Anti-Monopoly Law was revised for the first time since its promulgation 15 years ago.

 

 

Cover Photo by Zhenzhi Mao on Unsplash

Contributors: CJO Staff Contributors Team

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