On 3 Sept. 2021, the State Administration for Market Regulation (SAMR) published the “Annual Report on Anti-monopoly Law Enforcement in China (2020)” (hereinafter “the Report”, 中國反壟斷執(zhí)法年度報(bào)告(2020)), summarizing its law enforcement work to improve the fair competition system and optimize the competitive market in 2020.
According to the Report, the market regulatory authority has made efforts to improve the legal system of anti-monopoly, such as completing the revision draft of the Anti-monopoly Law and promulgating the “Interim Provisions on the Examination of Concentration of Undertakings” (經(jīng)營者集中審查暫行規(guī)定) and the “Anti-monopoly Compliance Guidelines for Business Operators” (經(jīng)營者反壟斷合規(guī)指南), etc. The market regulatory authority has also guided the Hainan Free Trade Zone to formulate the “Fair Competition Regulations” (公平競爭條例) to accumulate replicable experiences for the implementation of competition policies.
In 2020, the SAMR accelerated the development of the fair competition system, issued the “Notice on Further Promoting the Fair Competition Review” (關(guān)于進(jìn)一步推進(jìn)公平競爭審查工作的通知) and revised the “Implementing Rules for the Fair Competition Review System” (公平競爭審查制度實(shí)施細(xì)則), aiming to improve the review mechanism and optimize the review process. Moreover, the SAMR improved the market competition assessment system, developed working rules for market competition assessment and examples of industry competition assessment, improved the overall market competition assessment report, and carried out competition assessment of eight industries such as automobile and platform economy.
Cover Photo by Yuan (https://unsplash.com/@zili) on Unsplash
Contributors: CJO Staff Contributors Team
