The antitrust enforcers' New Year resolutions

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clpstaff &clp articles

Businesses in China should brace for more work as a new set of antitrust rules increases compliance burdens

Virtually on the eve of Chinese New Year, on February 1 2011, five brand new sets of provisions implementing the PRC Anti-monopoly Law (中华人民共和国反垄断法) (AML) came into effect. The provisions were enacted by the National Development and Reform Commission (NDRC) and the State Administration for Industry and Commerce (SAIC) in the dying days of the Roman calendar year, on December 29 and 31 2010, and were officially published on January 4 and 7 2011, respectively.

For the two authorities, the five sets of provisions may open a new chapter in their AML enforcement history. For businesses in China, the provisions may mean having to dedicate additional resources to ensure compliance.

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