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China revises regulations prohibiting monopolistic agreements, specifies 'safe harbor'

( June 4, 2025, 02:56 GMT | Official Statement) -- MLex Summary: China is proposing a revision for Regulations Prohibiting Monopolistic Agreements and is seeking public comments until July 3, the State Administration for Market Regulation said. The update clarifies the specific standards and conditions for the "safe harbor" system, under which operators with market shares below the threshold set by the State Council's antitrust agency, and that meet additional conditions, are presumed not to impose anticompetitive effects, thus exempting them from prohibition. The revision specifies the criteria regarding market share, turnover, counterparties, applicable exemptions, evidentiary requirements, review procedures and the legal consequences associated with the system.The statement follows and the files are attached:...

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