China’s revised Anti-Monopoly Law to come into effect on August 1
修订后的《反垄断法》8月1日起施行
The 35th meeting of the 13th National People’s Congress (NPC) Standing Committee voted on June 24 to amend the country’s Anti-Monopoly Law which will take effect from August 1, 2022, Xinhua News Agency reported on Friday.
The revised law vows to establish and improve a fair competition review system, formulate and implement competition rules that are compatible with China’s socialist market economy.
It also requires the nation’s antitrust authorities to unify anti-monopoly enforcement to form an open, competitive, and orderly market system.
据新华社周五报道，第十三届全国人民代表大会常务委员会第三十五次会议于6月24日表决通过修改国家反垄断法，自2022年8月1日起施行。
修改后的法律要求建立健全公平竞争审查制度，制定和实施与我国社会主义市场经济相适应的竞争规则。
还要求全国反垄断执法部门统一反垄断执法，形成开放、竞争、有序的市场体系。
