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Revised antitrust compliance guidelines released in China for public consultation

( March 22, 2024, 02:44 GMT | Official Statement) -- MLex Summary: China’s State Administration for Market Regulation is seeking public comment until April 3 on a set of revised guidelines on antitrust compliance for business operators. The original guidelines were published in September 2020. The guidelines encourage businesses to align their compliance practices with the competitive landscape of the market, industry features and their own vulnerabilities. The guidelines also provide instructions on how to identify, assess and grade antitrust compliance risks that include monopolistic agreements, abuses of dominance and breaches of merger-control regulations.The statement follows and the text of the draft guidelines is attached:...

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