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China's SAMR investigates 14,200 unfair-competition cases in 2024, fines $113m

( September 12, 2025, 02:57 GMT | Official Statement) -- MLex Summary: China investigated 14,200 cases of unfair competition in 2024, imposing fines and confiscations totaling 805 million yuan ($113 million), including 5,165 cases involving online misconduct, the State Administration for Market Regulation said. Releasing its 2024 Annual Report on Unfair Competition Enforcement at a forum, the regulator said it would focus on strengthening the legal framework, stepping up enforcement, improving coordination across government, enhancing trade-secret protection and promoting competition culture. The agency also confirmed that it has driven revisions to China's Anti-Unfair Competition Law and has issued interim regulations to tackle online unfair practices.The statement follows:...

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