LEGISLATION
NDRC Publishes Announcement Concerning Solicitation of Public
Comments for the Guidelines on Determination of Illegal Gains and
Amount of Fines Concerning Monopolistic Conduct by Undertakings
(Draft for Comments)
On 28 July 2016, the National Development and Reform Commission
("NDRC") published an announcement
concerning the solicitation of public comments for the
Guidelines on Determination of Illegal Gains and Amount of
Fines Concerning Monopolistic Conducts by Undertakings (Draft for
Comments) ("Guidelines").Pursuant
to the announcement, nearly 200 pieces of comments and suggestions
had been raised by units and individuals from foreign antitrust
enforcement agencies, domestic and foreign enterprises, industrial
associations, research institutes and law firms via emails and
letters , which gave positive appraise to the guiding principle,
basic framework, writing style and main content of the Guidelines.
It is also generally recognized that the