National Development and Reform Commission, Anti-price Monopoly Provisions

国家发展和改革委员会反价格垄断规定

January 24, 2011 | BY

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Competing business operators prohibited from colluding in fixing prices.

Clp Reference: 5000/10.12.29 Promulgated: 2011-12-29 Effective: 2011-02-01

Promulgated: December 29 2010

Effective: February 1 2011

Main contents: Competing business operators are prohibited from reaching eight types of price monopoly agreements that fix or change the price (Article 7).

Business operators are prohibited from reaching price monopoly agreements with transaction counterparties that fix the price or limit the minimum price at which goods are resold to third parties (Article 8).

A business operator that has a dominant market position may not sell goods at an unfair high price or buy goods at an unfair low price (Article 11), impose unreasonable charges additional to the price at the time of a transaction (Article 15), or treat equivalent transaction counterparties in a discriminatory manner with respect to transaction price without a legitimate reason (Article 16).

Related legislation: PRC Anti-monopoly Law, Aug 30 2007, CLP 2007 No.8 p.28

Repealed legislation: Tentative Provisions for the Halting of Price Monopoly Acts, Jun 18 2003

clp reference:5000/10.12.29(1)promulgated:2011-12-29effective:2011-02-01

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