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ARTICLE · 02 MARCH 2017

China Monthly Antitrust Update - August 2016

On 28 July 2016, the NDRC published an announcement concerning the solicitation of public comments for the Guidelines on Determination of Illegal Gains and Amount of Fines Concerning Monopolistic...

ChinaAntitrust/Competition Law

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

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