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The Amended PRC Anti-Monopoly Law: Prioritizing Abuse of Dominance in Digital Markets and IP Licensing
August 12, 2022 | BY
Susan MokNate Bush and Della Ding of DLA Piper and Ray Xu of Shanghai Kaiman Law Firm assess the implications for dominant firms of recent amendments to China's key anti-monopoly legislation and proposed revisions to its implementing rules.
Summary
- China's amended Anti-Monopoly Law preserves the basic rules against abuse of dominance, but authorizes punitive fines of up to 50% of annual revenues for egregious violations.
- The Draft Abuse