Global EditionASIA 中文双语Français
Home / Business / Macro

Public opinion solicited on anti-unfair competition law amendment

By Cheng Yu | | Updated: 2022-11-22 17:15
Share - WeChat
China's antimonopoly bureau under the State Administration for Market Regulation starts operation in Beijing. [Photo/Xinhua]

The State Administration for Market Regulation, China's market watchdog, is soliciting public opinion on a draft amendment to the Anti-Unfair Competition Law, which focuses mainly on the digital economy, according to its official website on Tuesday.

The draft made detailed provisions on behavior characterizing unfair competition including data acquisition and use of algorithms to exclude or restrict competition, as well as behavior that hinders an open and sharing network.

With the revisions, the country aims to improve anti-unfair competition rules in the digital economy and to regulate and govern behavior that disrupts fair competition during the development of the new economy, new formats, and new business models in the country, the SAMR said.

The administration added the draft also listed new types of unfair competition into the law, including acts that harm the legitimate rights and interests of small and medium-sized market entities.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349