Legislation roundup: Anti-Unfair Competition Law revised, Commercial mediation, Accounting treatment of FIEs and Online trading rules

Anti-Unfair Competition Law revised prohibiting abuse of dominant positions. First national regulation draft on commercial mediation issued. MOF clarifies accounting treatment of foreign-invested enterprises. SAMR regulates personal information protection and data security of online platforms.

By Susan Mok

Competition

PRC Anti-Unfair Competition Law (2nd Amendment)

中华人民共和国反不正当竞争法 (第二次修订)

A platform operator may not compel or compel in a disguised manner a platform merchant to sell goods at below cost price, in accordance with its pricing rules, thereby disrupting the order of market competition.

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