![]() The amendments to the Anti-Monopoly Law are wide-ranging and designed to increase SAMR’s ability to take meaningful enforcement action against companies and individuals that violate the law. These drafts relate to, among other things, the merger review process and filing thresholds, abuse of dominance and monopolies, and intellectual property rights. ![]() Following the adoption of the new Anti-Monopoly Law, on June 27, SAMR published several draft implementing regulations for public consultation. On June 24, 2022, the Standing Committee of the National People’s Congress adopted the sweeping amendments to the Anti-Monopoly Law, with the changes taking effect on August 1. In January 2020 and October 2021, China’s State Administration for Market Regulation (SAMR) introduced several draft amendments to the Anti-Monopoly Law, signaling a strong desire to enforce China’s antitrust policies more aggressively. For many years, amending and strengthening the Anti-Monopoly Law has been a priority for China’s legislative agenda. In 2008, China enacted its first antitrust laws - the Anti-Monopoly Law. These amendments will impact a wide variety of industries, and particularly digital platforms, as China works to modernize its antitrust policies and ratchet up enforcement. These amendments include significantly harsher penalties and fines for certain violations, modifications to the merger review process, and additional clarification of the law surrounding certain types of conduct. On August 1, 2022, long-awaited amendments to China’s Anti-Monopoly Law - the first ever - will go into effect.
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