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ARTICLE · 02 APRIL 2021

China Monthly Antitrust & Data Protection Update - February 2021

On 28 January 2021, Ministry of Finance and State Administration for Market Regulation published the Interim Measures on the Subsidies Management for Anti-Monopoly Work.

ChinaAntitrust/Competition Law

ANTITRUST

LEGISLATION

The Interim Measures for Managing Subsidies for Anti-Monopoly Work is Published, Strengthening Anti-Monopoly Enforcement Incentives on Provincial Level

On 28 January 2021, Ministry of Finance and State Administration for Market Regulation ("SAMR") published the Interim Measures on the Subsidies Management for Anti-Monopoly Work (the "Measures"). According to the Measures, subsidies for anti-monopoly work refer to the subsidies that are granted by central government via transfer payment arrangement and are specifically used to fund anti-monopoly law enforcement by the provincial administration for market regulation under the authorization of SAMR. The subsidies mainly cover the direct expense arising from such anti-monopoly law enforcement, including expenses on office, printing, conference, commissioning, traveling, training, transportation, remuneration, and the purchase of necessary law enforcement equipment.1

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