Law: Anti-Monopoly Law 2008 (China)

Intel has axed its €5.5 billion purchase of Tower Semiconductor after failing to secure antitrust approval in China, making it the latest US chipmaker to be snared by growing trade tensions.

16 August 2023

Intel and Tower Semiconductor must decide whether to abandon their €5.5 billion tie-up or agree to a third merger deadline extension after failing to secure approval from China’s competition watchdog.

15 August 2023

The four largest pig breeders in China have withdrawn a pledge not to poach each other’s employees after the country’s antitrust watchdog voiced concerns.

02 August 2023

China’s competition watchdog has released guidelines spelling out how it will enforce the country’s antitrust rules after lawmakers amended the legislation last year, although local lawyers say the agency has deleted key clarifications from the final versions.

27 March 2023

China’s competition watchdog has fined a drugmaker nearly €3.7 million for hiking the price of a “gold standard” cancer treatment by 750% despite production costs allegedly remaining stable.

23 March 2023

Featured in Asia-Pacific Antitrust Review 2023

The year 2022 was a landmark 12 months for China’s anti-monopoly regime. The adoption of amendments to the Anti-monopoly Law coincided with the release of the State Administration for Market Regulation and the Supreme People’s Court’s draft revisions to various antitrust rules, significantly reshaping the landscape.

10 March 2023

Featured in Asia-Pacific Antitrust Review 2023

Amid ambitious monetisation efforts, and alongside fierce competition for users and their data, the relationship between competition law and data privacy is proving pivotal in the region. Going forward, regulating enforcement against Big Tech and harmonising data privacy regimes will be essential.

10 March 2023

China’s antitrust watchdog has fined an online academic literature database €12.1 million for abusing its dominance by imposing excessively high subscription fees and forcing users into exclusivity arrangements.

09 January 2023

China’s antitrust agency has penalised three civil explosives manufacturers, an exclusive distributor and a trade association more than €7.1 million for participating in a cartel that included horizontal collusion and resale price maintenance.

20 December 2022

Featured in Digital Markets Guide - Second Edition

Intensifying antitrust enforcement and preventing ‘disorderly capital expansion’ have become top priorities in China to protect not only the digital market but also the economy.

25 November 2022