Authored by: Liu Cheng , Audrey Li , Yelena Wang and Jiang Hanxue
On June 24, 2024, the Supreme People’s Court of the People’s Republic of China (“SPC”) issued the Interpretation of Several Issues Concerning the Application of Law in the Trial of Private Litigations over Monopolistic Conducts (the “Judicial Interpretation”), which took effect since July 1, 2024.
Chinese antitrust cases have grown more common and complicated in recent years. The people’s courts in China have released 656 rulings in private antitrust cases since the PRC Anti-monopoly Law (“AML”) went into force in 2008, including first instance cases and appeals. Numerous industries have been affected by the lawsuits, including the Internet, public utilities, pharmaceutical, petrochemical, and automotive sectors. Some of the cases have also had a broad social impact.