By Susan Ning and Kate Peng
Since the enactment of the China’s Anti-Monopoly Law (“AML“), the State Administration of Industry and Commerce (“SAIC“) and the National Development and Reform Commission (“NDRC“) have investigated into a number of cases that raise competition concerns and have imposed penalties on some companies within their respective authorities. Please see our previously published articles including “First Public Enforcement Decision by SAIC against concrete manufacturers“, “Earlier Rumor Confirmed: China Telecom and China Unicom under Antitrust Investigation“, “NDRC Fined Two Pharmaceutical Companies for Abusive Conducts“, “Price Related Breaches of the AML and the Price Law -How Many Public Cases Have There Been?“, etc.
According to Article 46 and 47 of the AML, if a business operator reaches and executes a monopoly agreement or abuses its dominant market position, the anti-monopoly enforcement agencies can impose the following penalties:Continue Reading FAQs about Administrative Review of Antitrust Enforcement Decision