Revision protects buyers of products online

Online traders who fake sales data or user feedback in an attempt to mislead consumers can now be fined up to 2 million yuan ($301,400) and loose their business licenses, under a change in the law.

The revised Anti-Unfair Competition Law was adopted on Saturday at the bimonthly session of the Standing Committee of the National People's Congress, the top legislature, after a third reading.

"Regulating online market competition is a highlight of the revision," said Yang Hongcan, director of Anti-Monopoly and Anti-Unfair Competition Enforcement Bureau of the State Administration for Industry and Commerce.