New Amendments to the PRC Anti-unfair Competition Law Enlarge the Definition of Commercial Bribery
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Jianwei (Jerry) Fang, Wenpei YuThe amended PRC Anti-unfair Competition Law recognizes the role of middlemen in bribery and describes commercial bribery as having three specific elements. To mitigate legal risks, in-house counsel should ensure compliance regulations are up to date and internal systems are established to educate employees.
BACKGROUND OF THE AMENDED PRC ANTI-UNFAIR COMPETITION LAW
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