Clifford Chance
China's Competition Regulators to Target Pricing and Market Power Abuse
25 January 2011
China's National Development and Reform Commission and the State Administration for Industry and Commerce have issued a swathe of new rules on price and monopoly related abuses, which will come into effect on 1 February 2011.
These long-awaited rules will guide the enforcement of the Anti-Monopoly Law against price-related and non-price related anti-competitive conduct.
While they offer some welcome clarity in these areas, they have also created new uncertainties in certain areas. With NDRC and SAIC each issuing a set of rules, there are also questions of overlap between the two regulators.
This briefing examines the key points of the new rules, identifies new issues raised, and considers the impact of the new rules as they will apply to everyday business in China.
