On August 7, 2013, the National Development and Reform Commission (“NDRC”) fined six powdered milk companies – five foreign and one Hong Kong-based – RMB668 million (approximately US$109 million) for engaging in anti-competitive practices and illegal price-fixing, the largest fine ever for an Anti-Monopoly Law (“AML”) violation in China.
Continue Reading China Hands Milk Producers the Largest Anti-Monopoly Violation Fine
Qihoo 360 v. Tencent: A Landmark Decision under China’s Anti-Monopoly Law
On March 29, 2013, the Guangdong High People’s Court ruled that Tencent, Inc. (“Tencent”) did not violate China’s Anti-Monopoly Law (“AML”). In the first lawsuit of its kind, Beijing Qihoo Technology Co. Ltd. (“Qihoo”) sued Tencent under the AML, claiming Tencent was engaging in anti-competitive behavior. They sought ¥150 million in damages and an injunction against Tencent.
Continue Reading Qihoo 360 v. Tencent: A Landmark Decision under China’s Anti-Monopoly Law
Qihoo 360 v. Tencent: A Landmark Decision under China’s Anti-Monopoly Law
On March 29, 2013, the Guangdong High People’s Court ruled that Tencent, Inc. (“Tencent”) did not violate China’s Anti-Monopoly Law (“AML”). In the first lawsuit of its kind, Beijing Qihoo Technology Co. Ltd. (“Qihoo”) sued Tencent under the AML, claiming Tencent was engaging in anti-competitive behavior. They sought ¥150 million in damages and an injunction against Tencent.
Continue Reading Qihoo 360 v. Tencent: A Landmark Decision under China’s Anti-Monopoly Law
China Announces First Administrative Anti-Monopoly Case
By Michael Zhang and Amin Amirkia
On July 27, 2011, China’s State Administration for Industry and Commerce (“SAIC”) posted on its website information on the first anti-monopoly case regarding abuse of administrative power to eliminate or restrict competition.
Continue Reading China Announces First Administrative Anti-Monopoly Case