By Xu Ping Yao Lijuan King&Wood Mallesons’ Mergers & Acquisitions Group
In the wake of recent heightened anti-monopoly investigations and enforcement in the PRC auto industry, there have been a number of new regulations being passed by the legislators particularly in the auto distribution and aftermarket sector. It is envisaged that a new regulatory framework over auto distribution and aftermarket may take shape in the near future.
1. New Legislative Developments
(1) Abolishment of the SAIC Record-filing of Auto Brand Authorized Dealers
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