Anti-Monopoly Law of China

China's first comprehensive antitrust law was the Anti-Monopoly law which was passed in 2007 and became effective in 2008. In June 2022, the final version of the revised Anti-Monopoly Law (AML) was released by the Standing Committee of the National People's Congress (NPCSC) of China. It specifically targets anti-competitive behavior facilitated by the application of technology, significantly increases the maximum fines for violations, and aims to prevent abuses by administrative organizations. == Enforcement ==

Before 2018, regulatory power for enforcing the Anti-Monopoly Law was split between the Ministry of Commerce (which regulated mergers), the National Development and Reform Commission (NDRC) (which conducted price-related antitrust investigations), and the State Administration for Industry and Commerce (which conducted non-price related antitrust investigations). The fine imposed on Qualcomm was equivalent to US$975 million. == See also ==