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ARTICLE · 14 JULY 2024

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China's Antitrust Enforcement: A Look Back On 2023 And What To Expect In 2024

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On 18 June 2024, the State Administration for Market Regulation (SAMR), which includes the State Anti-Monopoly Bureau, released the China Antitrust Law Enforcement Annual Report...

ChinaAntitrust/Competition Law
Hannah C. L. Ha
Hannah C. L. Ha
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On 18 June 2024, the State Administration for Market Regulation (SAMR), which includes the State Anti-Monopoly Bureau, released the China Antitrust Law Enforcement Annual Report (2023) (the "Report"). This article provides insights into the antitrust enforcement activities and legislative developments that took place in China in 2023 and offer a forecast of what we can expect in the year ahead, taking into account the Report and the developments observed in the first half of 2024.

I. ANTITRUST ENFORCEMENT IN CHINA: 2023 YEAR IN REVIEW

1. MONOPOLY AGREEMENTS

  • In 2023, antitrust enforcement agencies concluded a total of 16 cases involving monopoly agreements, imposing fines and confiscations totalling RMB 294 million.

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