The draft auto AML guidelines explained

汽车业反垄断

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Katherine Jo &clp articles

China's antitrust regulator has set firm standards in an industry long criticized for market power imbalances among car manufacturers, distributors and suppliers. The new rules require thorough compliance checks and reexamining of all vertical relationships 中国反垄断监管机构已针对长期受制造商、经销商和供应商间市场力量失衡诟病的汽车业设立严格标准。新规定要求对所有垂直关系进行全面合规检查和复查。

Automakers in China must revisit their compliance standards and contracts with all their suppliers and distributors, as the latest draft antitrust rules target the industry's cross-vertical relationships and set out dos and don'ts for all players involved.

The National Development and Reform Commission (NDRC)'s Anti-monopoly Guidelines for the Automotive Industry (Draft for Comments), issued on March 23, provide exemptions for certain monopoly agreements and outline anti-competitive practices.

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