Antitrust Enforcement in China Becomes “New Normal”
In the past year, the enforcement of China’s Anti-Monopoly Law (“AML”) was characterised by continued activism and improvements in both substance and procedure.
- The Chinese competition enforcement agencies have launched a number of legislative initiatives, seeking to provider further substantive guidance and improve procedural transparency.
- The National Development and Reform Commission (“NDRC”) and the State Administration for Industry and Commerce (“SAIC”) have intensified and expanded their enforcement activities to cover new frontiers.
- On the merger control front, the Ministry of Commerce (“MOFCOM”) continued to fine-tune the simplified review procedure to deal with an increased number of notified transactions, and intensified enforcement against non-compliance with filing obligations.