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 Amended PRC Anti-Monopoly Law: Prioritizing Abuse of Dominance in Digital Markets and IP Licensing
Nate 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.
By
Susan Mok