China's top court upholds ruling voiding traffic-signal contract as horizontal monopoly
By MLex Staff ( August 19, 2025, 08:43 GMT | Insight) -- China’s Supreme People’s Court has upheld a lower-court ruling that voided a contract requiring one traffic-signal company to withdraw from the Hefei market, finding the agreement constituted a horizontal monopoly under the Antimonopoly Law. It noted that in enforcement and judicial practice, such agreements are generally treated as per se illegal, and that once a statutory form of horizontal monopoly agreement is established, its mere existence is enough to constitute a violation. China’s Supreme People’s Court has upheld a lower-court ruling that voided a contract requiring one traffic-signal company to withdraw from the Hefei market, finding the agreement constituted a horizontal monopoly under the Antimonopoly Law....
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