China's Anti-trust Regime

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clpstaff &clp articles

China's anti-trust regime is still at an early stage of development. This month we have a look at the key features of China's legal environment for anti-trust issues, and compare it with legal regimes in more sophisticated jurisdictions.

By Emma Davies, Partner and Cheng Li Yow, Associate, Clifford Chance, Shanghai and London

It is a common misconception among foreign multinationals operating in China that there are no Chinese anti-trust laws to worry about. This is not correct. Anti-trust laws do exist, but are scattered in various pieces of legislation, for example in the PRC Pricing Law(中华人民共和国价格法)1 and the PRC Anti-unfair Competition Law(中华人民共和国反不正当竞争法).2 It is, however, fair to say that these pieces of legislation and the anti-trust regime more generally in China are far less developed than in other countries.

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