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Webinar on 21 July 2022: Insights into China’s Landmark Anti-Monopoly Law Reforms

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Webinar Invitation: Insights into China’s Landmark Anti-Monopoly Law Reforms

On 24 June 2022, China’s National Peoples’ Congress approved far reaching amendments to China’s Anti-Monopoly Law (“AML“) which will become effective from 1 August 2022 (“AML Amendments“).

Alongside the AML Amendments, China’s competition regulator has published revised draft guidelines on a wide range of topics for public consultation.

This reform package will have significant consequences for the future of merger control and antitrust enforcement in China, including:

personal liability and stricter penalties for antitrust violations;
increased enforcement powers;
revised merger control thresholds and review procedure, including broad powers to ‘stop
the clock”;
an express prohibition of hub & spoke arrangements;
potential exemptions/defences for certain vertical restraints, including potential exceptions
to the prohibition of resale price maintenance;
continued scrutiny of online platforms, with significant codification of recent enforcement
and guidance.

Baker McKenzie is delighted to invite you to join us for a webinar via Zoom, where our Baker McKenzie antitrust and competition specialists in Beijing and Hong Kong will provide you with a concise briefing on key considerations with respect to these reforms and practical implications for your business.

To register, click on the REGISTER button below.
The Zoom platform will be used for this webinar. Once you fill out the registration form, you will automatically receive your unique login details via email. Should you encounter any issues during your registration or login process, please contact Xernes Martinez for assistance.

Please feel free to forward this invite to any of your colleagues who you think would benefit.

Details: 

Date: Thursday, 21 July, 2022
Time: 10:00 – 11:00 (EDT), 16:00 – 17:00 CET, 22:00 – 23:00 HKT/BJT
Language: English

Categories:
Author

Highly acclaimed and Band 1 ranked Leading Antitrust Lawyer Stephen Crosswell is the current chair of Baker McKenzie's Asia-Pacific Antitrust & Competition Group. He is also the head of our Greater China Antitrust & Competition team. Clients laud Stephen for his "years of experience working on competition matters." He is described as a "vital resource for clients seeking to navigate the nuances not only of the new local competition law regime in Hong Kong but also across other Asian jurisdictions – including China." Stephen has been granted "Solicitor Advocate" status before the Hong Kong Courts, meaning that he is uniquely placed as a specialist competition advocate in Hong Kong, having rights of audience in the Competition Tribunal and appeal courts. He represented one of the parties to the first enforcement action taken in Hong Kong's Competition Tribunal.

Author

Laura Liu is a partner with Fenxun Partners. Her practice focuses on China antitrust legal issues, including merger control filing, antitrust compliance, antitrust investigations and antitrust litigation. Ms. Liu has extensive experience in merger filings, having assisted numerous clients with antitrust filings before the China competition authority, including some of the most significant merger clearance cases to date. Ms. Liu also has very extensive experience advising clients on deal structure and filing strategy to achieve commercial outcomes while avoiding gun-jumping risks. Laura's practice focus on antitrust and competition (advisory and litigation).

Author

Tom Jenkins is Special Counsel in Baker McKenzie’s Asia-Pacific Antitrust and Competition practice, based in Hong Kong. He advises clients across a range of transactional, advisory and contentious competition matters and regularly speaks at leading antitrust events in the region. Before joining the Hong Kong office in 2015, Tom was based in Baker McKenzie’s Brussels office, where he advised clients on the full range of EU and UK competition law matters.

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