On the International Symposium on Controversial Issues regarding
Chinese AML Enforcement held in Hangzhou on Monday this week, both
the National Development and Reform Commission ("NDRC")
and the State Administration for Industry and Commerce
("SAIC") announced that they will increase the
transparency of their enforcement actions under the AML.
NDRC and SAIC are the regulators for anti-monopoly conducts in
China. The powers are divided between the two authorities in the
way that NDRC is responsible for price-related monopoly conducts,
and SAIC is responsible for non-price related monopoly
conducts.
NDRC Promised to disclose all the AML cases in due course.
Ms.Li Qing (李青), Deputy Director of the
Price Supervision and Anti-monopoly Bureau of NDRC, admitted on the
symposium that NDRC was not able to disclose all their antitrust
investigations due to reasons such as existence of confidentiality
arrangement. However, Ms. Li promised that NDRC will
