A draft amendment to the Antimonopoly Law was submitted to China's top legislature for a second review on Tuesday, with revisions in areas including the safe harbor mechanism, platform economy and concentration of business operators.
The year 2021 has been called a remarkable year for China's antitrust efforts. The country enacted stricter regulations on the platform economy, imposed fines on a string of tech companies for improper behavior, set up an antimonopoly bureau and proposed amendments to its Antimonopoly Law.
The year 2021 has been called a remarkable year for China's antitrust efforts. The country enacted stricter regulations on the platform economy, imposed fines on a string of tech companies for improper behavior, set up an antimonopoly bureau and proposed amendments to its Antimonopoly Law.
The year 2021 has been called a remarkable year for China's antitrust efforts. The country enacted stricter regulations on the platform economy, imposed fines on a string of tech companies for improper behavior, set up an antimonopoly bureau and proposed amendments to its Antimonopoly Law.
China will step up antimonopoly supervision and law enforcement, and will continue to regulate improper competition in key areas including the platform economy, technological innovation and information security, said Gan Lin, the recently appointed head of the country's new antimonopoly bureau under the State Administration for Market Regulation.