On 16 August 2024, the Chinese State Administration for Market Regulation (SAMR) opened a consultation on the draft “Discretionary Standards for Administrative Penalties for Concentration of Undertakings in Violation of the Anti-Monopoly Law” until 14 September 2024. In particular, the draft standards aim to regulate and standardize the penalties for unlawful concentration of undertakings following the implementation of the Amendment to Anti-Monopoly Law on 1 August 2022.
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