On 9 Feb. 2023, China’s State Administration for Market Regulation and its subordinate State Anti-Monopoly Bureau reported the anti-monopoly law enforcement in 2022 at a conference.
The conference refers to the “Antitrust Work Conference of the National Market Regulation System” (全国市场监管系统反垄断工作会议) held in Qingdao.
In 2022, the highlights of China’s anti-monopoly law enforcement activities include:
- China has concluded 187 monopoly cases with total fines of CNY 784 million.
- China has concluded 794 cases involving the concentration of business operators, five of which were granted conditional approval.
- The Anti-Monopoly Law was revised for the first time since its promulgation 15 years ago.
Cover Photo by Zhenzhi Mao on Unsplash
Contributors: CJO Staff Contributors Team