September 2010

By Susan Ning, Angie Ng and Zheng Ziqing, King & Wood’s Competition Practice

Antitrust or competition law rules governing vertical restraints (such as resale price maintenance) are significant in China because as a manufacturing “hub”, vertical contracts or agreements such as manufacturer-distributor agreements are very common.

This article outlines the rules governing resale price maintenance (RPM), pursuant to the Anti-Monopoly Law (AML); and compares these rules to the rules governing RPM pursuant to the European competition law.Continue Reading Rules Governing Resale Price Maintenance in China

汪蕊、黄大纲、邱少林   金杜知识产权组

一、引言

随着国内网络游戏市场的迅速扩大，中国已成为国内外网络游戏开发商（特别是大型角色扮演类网络游戏(MMORPG) 开发商）淘金的乐土。2009年，有35款“进口网络游戏”(1)获准在中国发布运营，其营业收入占到我国当年网络游戏产业销售总收入的38.8%，高达258亿元人民币。(2)Continue Reading 外国网络游戏开发商进入中国面临的考验

By Wang Rui, Qiu Shaolin, and Duncan Hwang, King & Wood’s IP Practice

With the rapid growth of China’s online video gaming market, China has become a particularly appealing target market for both Chinese and foreign online game developers, particularly those developing Massively Multiplayer Online Role-Playing Games (MMORPG). In 2009, 35 imported online games obtained approval for release in China, and imported games have accounted for 38.8% of China’s CNY 25.8 billion online gaming industry.Continue Reading Issues Foreign Video Game Developers Face in Introducing Online Games to the Chinese Market

李锦南   合伙人      金杜银行部

过去，信托公司一直通过剥离银行表内资产并打包成为理财产品出售，以此作为其一项稳定的收入来源。值此现象愈演愈烈之际，中国银行业监督管理委员会("银监会")七月份突然全面叫停所有银信合作业务。

最近，银监会发布了一份新的通知("通知")，有条件地重开银信合作业务。总体上，我们认为通知将会极大改变现行的银信合作模式和具体交易结构。通知如下几点尤其值得关注:Continue Reading 银信理财合作业务重大调整

By Li Jinnan, Partner, King & Wood’s Banking Group 

The expansion of bank-trust cooperation and the practice of repackaging off-the-book bank loans into trust products for sale to consumers came under unprecedented scrutiny this July as the China Banking Regulatory Commission ordered trust companies to cease all cooperative work with banking organizations.

Recent reports reveal that the complete shutdown of bank-trust cooperation has now been repealed, but the CBRC’s new circular allowing banks to resume cooperation with trust companies has place a number of new conditions on the once burgeoning industry.Continue Reading Trust Products Back on the Market

据有关媒体报道，截止到2010年8月下旬，人民法院共受理了至少10件反垄断诉讼案件（详见”近两年内的10件反垄断诉讼案件”）。本文将就其中之一，也是中国法院受理的第一起反垄断诉讼案即”李方平诉中国网通”案作简要分析。（此案于2008年8月1日反垄断法实施当天立案。）
本案中原告诉被告滥用市场支配地位，2009年12月18日，北京市第一中级人民法院做出一审判决， 2010年6月9日，北京市高级人民法院维持了一审判决。
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Continue Reading 李方平诉中国网通–滥用市场支配地位案被判驳回

By Susan Ning, Ding Liang and Angie Ng, King & Wood’s Competition Practice

In late August 2010, it was reported in the press that at least 10 antitrust private actions have been heard in the courts in China (see Two years on, ten private antitrust actions).This article describes one of the cases – Li Fangping vs China Netcom – in detail. This was thContinue Reading Li Fangping vs China Netcom – Abuse of Dominance Case Dismissed

宁宣凤、姜丽勇、郑孜青和Angie Ng  反垄断及反不正当竞争小组

Ⅰ简介：

在中国，由以下两个部门负责合并控制：

a商务部反垄断局：负责受理和审查经营者集中申报的具体执法工作。

b反垄断委员会（国务院的下属部门）：负责相关并购规定和指引的制定和发布。该委员会实际上是一个议事协调机构，指导和协调商务部、国家发展和改革委员会和国家工商管理总局三个执法机构的工作。Continue Reading 2009年中国合并控制政策及案例回顾

By Zhang Yi, Alan Du and Ge Jiaying, King & Wood’s Banking & Finance Group

On March 15, 2010, Shanghai Municipal Government approved a pilot program in which foreign investors may become qualified foreign limited partners ("QFLP") of private equity investment funds ("Pilot Program") on its executive meeting. The Pilot Program, which is subject to confirmation and approval of the State Administration of Foreign Exchange ("SAFE") and other relevant authorities, is expected to be officially announced soon.

Continue Reading Shanghai Pudong New Area May Launch PE Pilot Program Involving Qualified Foreign Limited Partners