China Reviews Draft Amendment To Anti-Monopoly Law

China's Standing Committee of the National People's Congress (NPCSC) reviewed on October 19 the Draft Amendment to the Anti-Monopoly Law for the first time. The Draft Amendment was drafted by the State Administration for Market Supervision (SAMR). This will be the first update since the law was promulgated in 2007.

1. The draft amendment clarifies the basic status of competition policy and the legal status of the fair competition review system.
2. The draft amendment summarizes China's anti-monopoly law enforcement practices and clarifies law enforcement rules.

According to the amendment, business operators on the market must not abuse data and algorithms, technology, capital advantages, and platform rules to exclude or restrict competition.