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China Updates Its Anti-Unfair Competition Law to Address “Involutionary” Competition and Abuses of Superior Bargaining Power

On June 27, 2025, China adopted a revised revision of its Anti-Unfair Competition Law (“AUCL”), which will take effect on October 15, 2025. As one of the two pillars of China’s competition law framework—alongside the...more

Personal Liability under China’s Anti‑Monopoly Law: Administrative Fines, Civil Litigation, and Criminal Sanctions

In the past half year of 2025, China’s antitrust watchdog has imposed fines on 11 individuals for antitrust violations, including sole proprietors, senior executives, and employees involved in cartels or obstruction of...more

Regulatory Escalation in Pharma Sector: China Imposes First Executive Sanctions in a Cartel Case

On May 9, 2025, the Tianjin Municipal Administration for Market Regulation (“Tianjin AMR”) announced administrative penalties against four manufacturers of dexamethasone sodium phosphate (“DSP”) active pharmaceutical...more

M&A Transactions and Antitrust Regulation in the Real Estate Industry: Characteristics and Trends in Merger Review Cases

The real estate industry, one of the pillar sectors of the national economy, has played a pivotal role in China’s economic development since the reform and opening‑up....more

China Monthly Antitrust Update: March 2025

This monthly report outlines key developments in China’s antitrust sector for March. The following events merit special attention...more

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