Anti-Monopoly Law of the People's Republic of China
Introduction
The Anti-Monopoly Law of the People’s Republic of China (AML), effective August 2008 and amended in 2022, regulates monopolistic conduct, anti-competitive agreements, and mergers in China.
Key Prohibitions
The AML prohibits monopoly agreements (horizontal and vertical), abuse of dominant market position, and concentrations that may eliminate or restrict competition. The 2022 amendments strengthened provisions on digital platform regulation.
Merger Control
Concentrations meeting specified thresholds must be notified to the State Administration for Market Regulation (SAMR) for review. SAMR may approve with or without conditions, or prohibit transactions that would restrict competition.
Enforcement
SAMR investigates violations and imposes remedies including cease-and-desist orders, fines (up to 10% of annual revenue for monopoly agreements and abuse of dominance), and structural remedies such as divestiture.