China Monthly Antitrust & Data Protection Update - December 2020

Antitrust

Legislation

China and Other 14 Countries Sign Regional Comprehensive Economic Partnership Agreement, Competition Policy Included

On 15 November 2020, the Trade Ministers of 15 countries signed the Regional Comprehensive Economic Partnership ("RCEP") Agreement. Chapter XIII of the Agreement sets out the competition policy of the free trade area, which includes, inter alia, objectives, basic principles, measures against anti-competitive activities, cooperation between competition enforcement agencies, exchange of confidential information, technical cooperation and capacity building, consumer protection, consultations and non-application of dispute settlement provisions.1