China Issues Guidance on Anti-Monopoly Compliance Abroad

What’s new: China’s top market regulator issued guidance Thursday for domestic companies to step up awareness of overseas anti-monopoly compliance and guard against legal risks abroad.

According to the document, the form of anti-competitive behavior is not limited to written agreements but also includes oral agreements and coordinated actions. Most jurisdictions also regulate vertical monopoly arrangements, such as resale price maintenance, the State Administration for Market Regulation (SAMR) said in the guidance.