Loading AI tools
The Anti-Monopoly Law of China (Chinese: 反垄断法; pinyin: Fǎn Lǒngduàn Fǎ) is the main legal statute that regulates competition law in the People's Republic of China. The National People's Congress passed it in 2007 and it came into effect on 1 August 2008.
The Anti-Monopoly Law provides a basis for investigating unreasonable intellectual property licensing fees.[1]: 124
China's first comprehensive antitrust law was the Anti-Monopoly law which was passed in 2007 and became effective in 2008.[2]: 89
In June 2022, the final version of the revised Anti-Monopoly Law (AML) was released by the Standing Committee of the National People's Congress (NPCSC) of China. It specifically targets anti-competitive behavior facilitated by the application of technology, significantly increases the maximum fines for violations, and aims to prevent abuses by administrative organizations.[2]: 100–101
Before 2018, regulatory power for enforcing the Anti-Monopoly Law was split between the Ministry of Commerce (which regulated mergers), the National Development and Reform Commission (NDRC) (which conducted antitrust investigations), and the State Administration for Industry and Commerce (which also conducted antitrust investigations).[2]: 110 Regulatory duties overlapped, and there was bureaucratic competition between these government bodies.[2]: 100
In 2018, the State Administration for Market Regulation was created, and it became China's primary antitrust regulator.[2]: 23, 110 It continues to have some overlap of responsibilities with the NDRC and the Ministry of Industry and Information Technology.[2]: 23
Qualcomm
In February 2015, the National Development and Reform Commission (NDRC) completed an investigation into Qualcomm, finding that they violated the Anti-Monopoly Law by imposing unreasonable requirements for patent licensing.[1]: 124 The fine imposed on Qualcomm was equivalent to US$975 million.[1]: 124
Wikiwand in your browser!
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
