In this month’s edition of CPI Talks… CPI’s Vanessa Yanhua Zhang1 has the pleasure of speaking with Zhenguo Wu.2 Mr. Wu is Director General of the Anti-Monopoly Bureau of State Administration for Market Regulation (“SAMR”) of P.R. China.
Thank you, Mr. Wu, for sharing your time for this interview with CPI.
1. In 2019, three supporting regulations to the Anti-Monopoly Law (“AML”) were issued and implemented, i.e. the Interim Provisions for Prohibiting Monopolistic Agreements, the Interim Provisions for Prohibiting Abuse of Market Dominance, and the Interim Provisions for Prohibiting Eliminating and Restricting Competition by Abuse of Administrative Power. Could you please explain their consequences for enforcement practice?
These three regulations were promulgated on June 26, 2019 and came into effect on September 1, 2019, with important historical and practical significance. Since the implementation of the AML on August 1, 2008, China’s antitrust agencies have earnestly performed their duties and effectively enforced the AML, in order to maintain fair market competition, protect consumers’ interests, and promote the sustainable and healthy development of China’s socialist market economy. After more than ten years of such enforcement, the agencies have accumulated relatively rich experience in the areas of prohibiting monopolistic agreements, prohibiting abuses of market dominance, and prohibiting the elimination o!-->…