Summary
The Chinese government announced on March 13, 2018, that it will
consolidate the duties of three competition agencies into a new
government agency to handle all antitrust matters. While it is too
early to tell how this reorganization will impact China's
review of transactions and conduct cases, we believe that this
change could lead to greater consistency and potentially more
experienced attorneys reviewing competition matters.
This China Law Alert includes contributions from
Alex An from MWE China Law Offices.
WHAT HAPPENED
Since China promulgated its Anti-Monopoly Law (AML) in 2008, the
antitrust law enforcement power has been shared by three
authorities. The National Development and Reform Commission (NDRC)
is responsible for investigating price related monopoly agreements,
abuse of dominance and abuse of administrative power. The State
Administration for Industry and Commerce (SAIC) is in charge of
investigations into non-price related monopoly