Anti-Monopoly Commission of the State Council, Guidelines on the Definition of Relevant Market
国务院反垄断委员会关于相关市场界定的指南
July 29, 2009 | BY
clpstaff &clp articles &“Relevant market” defined for China's anti-monopoly law enforcement.
Issued: May 24 2009
Applicability: The term “relevant market” means the product dimension and geographic dimension within which business operators compete in respect of specific products or services (hereinafter collectively referred to as Products) during a certain period of time. In anti-monopoly law enforcement practice, it is commonly necessary to define the relevant Product market and the relevant geographic market (Article 3).
Main contents: The Guidelines elaborate on the fundamental basis for defining the relevant market: demand substitutability and supply substitutability. They also explain the hypothetical monopolist test analytical approach (Part Four).
Related legislation: PRC Anti-monopoly Law, Aug 30 2007, CLP 2007 No.8 p.28
clp reference:5000/09.05.24promulgated:2009-05-24This premium content is reserved for
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