China advances Price Law revision to curb destructive competition

By MLex Staff ( October 19, 2026, 05:20 GMT | Insight) -- China's State Council has approved in principle draft amendments to the Price Law aimed at tackling destructive price competition, with a focus on unfair pricing practices, below-cost selling and platform-economy pricing. The move, alongside planned revisions to cost-investigation rules and industry cost standards, could strengthen regulators' ability to pursue below-cost pricing violations.China's State Council has approved in principle draft amendments to the 28-year-old Price Law that would clarify standards for identifying unfair pricing practices and associated legal liabilities, marking another step in Beijing's efforts to curb destructive price competition....

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