Region: China

China punishes major cement cartel

China’s competition watchdog has fined a cement cartel €18.1 million for fixing prices and allocating markets in one of the country’s eastern provinces through a joint venture set up by seven companies.

12 February 2021

SAMR fines Vipshop as online platform guidance is finalised

China’s competition watchdog has fined Tencent-backed Vipshop nearly €400,000 for developing a system to obtain a competitive advantage over brands sold on its e-commerce platform.

09 February 2021

ByteDance sues Tencent in China

The owner of social networking platform TikTok has reportedly sued Tencent in Beijing court for allegedly blocking access to content from Douyin, which is the local version of the popular video-sharing app.

03 February 2021

SAMR fines pharma company for refusal to deal

China’s competition watchdog has fined a drugmaker nearly €13 million for refusing to supply an active pharmaceutical ingredient to downstream companies.

02 February 2021

New payment sector regulations proposed in China

China’s central bank has proposed new regulations to protect competition in the digital payments market as part of the country’s ongoing effort to rein in major homegrown technology companies.

21 January 2021

China launches new foreign investment security review regime

The Chinese government has implemented new measures for reviewing foreign investments, which clarify how non-competition factors such as national security and industrial policy will be assessed by government agencies.

21 January 2021

SAMR keeps pressure on digital sector with Vipshop probe

China’s competition watchdog has launched an investigation into Tencent-backed e-commerce platform Vipshop “for suspected unfair competition”.

18 January 2021

Report reveals fluctuations in cartel fines in 2020 across Asia-Pacific

Cartel fines in Korea and Taiwan increased significantly in 2020 from the previous year, although they fell steeply in China, Japan, Australia and India, a report by Morgan Lewis & Bockius has revealed.

15 January 2021

SAMR head signals tougher antitrust enforcement

The head of China’s State Administration for Market Regulation has said that the agency will focus on strengthening competition enforcement in 2021 to comply with the government’s economic agenda.

13 January 2021

China reportedly censoring coverage of Alibaba probe

The Chinese government has reportedly directed local media to censor reporting on an ongoing antitrust probe into concerns that Alibaba forces merchants to exclusively use the platform to distribute their products.

12 January 2021

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