Proposed Amendments to the Anti-Monopoly Law: China further confirms its intention to strengthen its antitrust rules
23 November 2021
China has made no secret that it intends to reinforce its antitrust regime. Multiple guidelines have been recently issued and enforcement mainly (but not only) against internet companies has substantially increased.
The amendment of the backbone of that regime, the 2008 Anti-Monopoly Law, has been in the making for quite some time but the latest draft of the proposed amendments now makes clear the absolute priority that China intends to give to its antitrust regime. The establishment of a new antitrust agency in China that was announced earlier in November further signals the government’s commitment to strengthen antitrust enforcement. Deals and day-to-day conduct alike are all concerned; companies of all origins, those located in or outside of China, should all be made aware.