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The following is the Annual report on China’s anti monopoly law enforcement in 2019 From China market supervision administration recommended by recordtrend.com. And this article belongs to the classification: Chinese economy, research report.
In 2019, 103 monopoly cases were filed and investigated, 46 cases were closed, and the amount of fines and confiscations was 320 million yuan. Among them, 28 monopoly agreement cases were investigated and 12 administrative punishments were imposed; 15 cases of abuse of market dominant position were investigated and 4 administrative punishments were imposed; 84 cases of abuse of administrative power to exclude and restrict competition were handled, among which 24 cases were investigated and 12 cases were corrected; 36 cases of concentration of operators without legal declaration were investigated and 18 administrative punishments were imposed. 503 business concentration reports were received, 462 cases were filed and 465 cases were concluded;
In 2019, 28 cases were filed, with a year-on-year increase of 47.4%; 12 cases were closed, with a year-on-year increase of 9.1%, of which 11 cases were punished and 1 case was decided to terminate the investigation. Fines and confiscations amounted to 277 million yuan, up 79.9% year on year (see Figure 2-4). To suspend the investigation of a monopoly agreement case.
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