Chinese Antitrust Regulators Signal The Commencement Of Anti-Monopoly Law Investigations And Fines.
Mondaq Business Briefing › Nbr. 2009, January 2009
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Chinese Antitrust Regulators Signal The Commencement Of Anti-Monopoly Law Investigations And Fines.
On 5 June 2009, China's State Administration of Industry and Commerce (SAIC) officially issued its first two procedural rules under the Anti-Monopoly Law (AML), signalling that from 1 July 2009, firms will need to be ready for SAIC investigations and the risk of fines being imposed. These rules outline the procedures SAIC will follow when investigating abuse of administrative power and non-price related abuses of dominant market position and entering into anti-competitive arrangements.
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