Compliance Checklist For China's New Anti-Monopoly Law

On August 1, 2022, the new Anti-Monopoly Law of China (the“NEW AML”) came into effect and new competition rules are brought by crucial revisions such as the significant increase in fines, important changes in the control of concentrations and the regulation of vertical monopoly agreements, the involvement of the People's Procuratorate in public interest litigation, etc. The revisions brought wide-reaching challenges and will affect a number of functions within many organizations, from HR to sales and, of course, legal and compliance. For the purpose of adapting to the NEW AML and assisting organizations to recognize potential antitrust risks, this checklist aims to provide a list of actions that are recommended to take and identify the stakeholders which will need to be involved in each set of actions.