AML to benefit from SAIC draft regulations

June 06, 2009 | BY

clpstaff &clp articles

Zhan [email protected] Legal GroupOn April 27, the State Administration for Industry & Commerce of the People's Republic of China…

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Zhan Hao

Grandall Legal Group

On April 27, the State Administration for Industry & Commerce of the People's Republic of China (SAIC) released two new draft regulations concerning China's Anti-monopoly Law: the draft Regulation on Prohibition of Abuse of Dominant Market Position and the draft Regulation on Prohibition of Monopoly Agreements. The drafts are available for public comment.

Prohibition of anti-competitive monopoly agreements and prohibition against the abuse of market dominance are two of the AML's main prongs; the third being a