In the news: Antitrust investigations not targeting foreign companies, China signs tax convention and Consumer Rights Law

| BY

clpstaff &clp articles

A top official has said that the series of antitrust investigations this year are not only targeted at foreign companies. China has signed a tax convention and the Consumer Rights Law has been reviewed

Foreign companies are not antitrust targets

An official from the National Development and Reform Commission (NDRC) has said that antitrust investigations this year are not specifically targeting foreign companies, but are instead part of an overall effort at tougher enforcement of the PRC Anti-monopoly Law (中华人民共和国反垄断法), according to China Daily. The official, Xu Kunlin, added that most investigations result from tip-offs from the general public and that foreign and domestic companies are treated equally. Xu, director-general of the Department of Price Supervision, made the comments during an interview on China Central Television.

Source: China Daily

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]