U.S. and EU cartel risks to Chinese companies

December 31, 2015 | BY

Katherine Jo

Chinese companies engaging in cartel activities can be subject to the extraterritorial reach of U.S. and EU antitrust laws. This means long and costly investigations, heavy fines and even criminal prosecution. Understanding the risks, compliance and devising an effective strategy are key

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China's cartel enforcement authorities are now working closer than ever with their counterparts around the world. They signed Memorandums of Understanding with the U.S. and the EU in July 2011