Legislation roundup: Anti-Foreign Sanctions Law, antitrust penalties, and foreign-related IP disputes
China specifies penalties for a failure to implement sanction countering measures. Maximum fine for antitrust concentration is set at 10% of the previous year’s sales proceeds. State Council restricts provision of evidence outside of mainland China for IP cases.
Geopolitical Relations
State Council, Provisions for Implementation of the «PRC Anti-Foreign Sanctions Law»
国务院实施〈中华人民共和国反外国制裁法〉的规定
Where there is a failure to implement sanction countering measures in accordance with the law, the relevant State Council authority shall have the authority to order rectification, prohibit or restrict the perpetrator from engaging in such activities as government procurement, invitation and submission of bids, import or export of relevant goods or technologies, international trade in services, etc., prohibit or restrict he, she or it from receiving from or providing to foreign parties data or personal information or prohibit or restrict him/her from leaving mainland China or staying or residing in mainland China.
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