Legislation roundup: Anti-Foreign Sanctions Law, antitrust penalties, and foreign-related IP disputes
China specifies penalties for a failure to implement sanction countering measures. Maximum fine for antitrust concentration is set at 10% of the previous year’s sales proceeds. State Council restricts provision of evidence outside of mainland China for IP cases.
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Geopolitical Relations
State Council, Provisions for Implementation of the «PRC Anti-Foreign Sanctions Law»
国务院实施〈中华人民共和国反外国制裁法〉的规定
Where there is a failure to implement sanction countering measures in accordance with the law, the relevant