China

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Organizer: GIC & Dentons China

Date: Friday, 8 July 2022

Time: 14:00-17:00

Language: Chinese

On June 24, 2022, the Decision on Revising the Anti-Monopoly Law of China was passed and will come into effect on August 1, 2022. At the same time, the State Administration of Market Regulation (“SAMR”) published 6 supporting regulations drafts for public comments, including an administrative regulation of the State Council and five departmental regulations of the SAMR, covering monopoly agreements, abuse of dominant position, intellectual property rights, concentration of undertakings and administrative monopolies. New competition rules are brought by crucial revisions such as the significant increase in fines, important changes in the control of concentrations and the regulation of vertical monopoly agreements, the involvement of the People’s Procuratorate in public interest litigation, etc. The revision leaves many practical questions to be answered: (1) How to adapt the management of distributors and limits of resale price to the new rule for enterprises? (2) Is the historical failure to notify in accordance with the law facing significantly increased new fines? (3) How to anticipate the legal risk of fines up to 50% of the group’s turnover? (4) For enterprises, what does the new law provided and not provided?

We’ve invited Professor Huang Yong, a leading authority in China, to systematically review the new Anti-Monopoly Law, and Jet Deng and Ken Dai, specialist lawyers from Dentons Antitrust Team, to discuss the above practical issues based on market competition scenarios and business aspects.

Agenda:

• 14:00-14:05     Opening

                                   Moderator: Dr. Jet Deng, Senior Partner, DENTONS Beijing Office

• 14:05-14:50     Topic: Review of the Revision of the Anti-Monopoly Law

                                   Speaker: Prof. Huang Yong, Director of Competition Law Center, University of International Business and Economics

• 14:50-15:15     Topic: Monopoly Agreement: How to Deal with Competitors and Upstream and Downstream Undertakings under the New Law?

                                    Speaker: Ken Dai, Partner, DENTONS Shanghai Office

• 15:15-15:40     Topic: Concentrations of Undertakings: Antitrust Notification for M&A Transactions under the New Law

                                    Speaker: Dr. Jet Deng, Senior Partner, DENTONS Beijing Office

• 15:40-16:05     Topic: Intellectual Property Competition Strategies under the New Law

                                    Speaker: Ken Dai, Partner, DENTONS Shanghai Office

• 16:05-16:30     Topic: The New Changes in the Attack and Defense of Antitrust Civil Litigation

                                    Speaker: Dr. Jet Deng, Senior Partner, DENTONS Beijing Office

• 16:30-17:00     Q&A

Speakers:

 Prof. Huang Yong | Director of Competition Law Center, UIBE

Director of Competition Law Center, University of International Business and Economics; Professor and Doctoral Supervisor of the School of Law, University of International Business and Economics; Member of the Anti-Monopoly Expert Advisory Group of the State Council.

On April 29, 2021, he was invited to give the 23rd special lecture of the Standing Committee of the 13th National People's Congress of the PRC, entitles "Improving the Anti-Monopoly Legal System and Stregthening the Basic Position of Competition Policy".

 Dr. Jet Zhisong DENG | Senior Partner, DENTONS Beijing Office

Dr. Deng received his PhD degree in International Economic Law from the University of International Business and Economics (UIBE) and is the Chair of Dentons China Competition and Antitrust Practice.

Dr. Deng has been consecutively recognized by Chambers & Partners as one of the “Leading Lawyers for Antitrust Practice in Asia-Pacific” for nine years (2014~2022). Dr. Deng is a member of the Merger Control Experts Panel of the International Chamber of Commerce (ICC) on Competition Commission, a legal associate of the Competition and Regulation European Summer School and Conference (CRESSE), a member of China Consumers Association’s lawyer group and also a member of the anti-monopoly expert panel of the Beijing Municipal Administration for Market Regulation.

 Ken Jianmin DAI | Partner, DENTONS Shanghai Office

Mr. Dai is the Chair of Competition and Antitrust Practice of Dentons Shanghai Office.

Mr. Dai is one of the first lawyers to practice Anti-Monopoly law in China and has over 15 years of experience in this area. Mr. Dai has been consecutively recognized as one of "The Legal 500 Asia Pacific Antitrust and Competition Lawyers" (2019-2020).

 

 

主办方：GIC勤锡法证、大成律师事务所

日  期：2022年7月8日（星期五）14:00 – 17:00

参会方式：线上分享会

语言：中文

2022年6月24日，《反垄断法（修正案）》获得通过，并将于8月1日开始施行。与此同时，国家市场监管总局公布六部配套法规征求意见稿，包括一部国务院行政法规草案与五部总局部门规章，涉及垄断协议、滥用市场支配地位、知识产权、经营者集中与行政垄断。处罚力度的大幅提升、经营者集中制度的重要变革、纵向垄断协议规制变化，以及检察院介入公益诉讼，这些重要修订将带来全新的竞争规则。新法带来诸多亟待回答的实务问题：（1）企业的经销商管理、转售价格限定如何调整适应？（2）历史上的未依法申报交易是否面临大幅加重的新罚则？（3）最高罚款可达集团营业额50%的法律风险如何预判？（4）对企业而言，新法说了哪些，又有哪些欲言又止之处？

我们邀请了国内权威学者黄勇教授对新反垄断法进行系统评述，并由大成反垄断团队的邓志松律师和戴健民律师基于市场竞争场景和业务环节，对上述实务问题进行讨论。

会议议程：

• 14:00-14:05     开幕致辞

                                   主持人：大成北京办公室高级合伙人 邓志松律师

• 14:05-14:50     发言主题：《反垄断法》修订评述

                                   主讲人：对外经济贸易大学竞争法中心主任 黄勇教授

• 14:50-15:15     发言主题：垄断协议：新法项下如何与竞争对手及上下游打交道？

                                   主讲人：大成上海办公室合伙人 戴健民律师

• 15:15-15:40     发言主题：经营者集中：新法项下并购交易的反垄断申报

                                   主讲人：大成北京办公室高级合伙人 邓志松律师

• 15:40-16:05     发言主题：新法项下的知识产权竞争策略

                                    主讲人：大成上海办公室合伙人 戴健民律师

• 16:05-16:30     发言主题：反垄断民事诉讼攻防的崭新变革

                                    主讲人：大成北京办公室高级合伙人 邓志松律师

• 16:30-17:00     问答交流

嘉宾简介：

• 黄勇教授 | 对外经济贸易大学竞争法中心主任
• 邓志松律师 | 法学博士，大成北京办公室高级合伙人
• 戴健民律师 | 大成上海办公室合伙人

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China's Anti-Monopoly Law was first introduced in 2008 and has just been amended for the first time since its introduction. The final text of the Amended AML, which was published on 24 June 2022, emphasizes the fundamental role of competition policy in China's market economy and encapsulates substantial changes. Furthermore, the overall antitrust penalty regime has been substantially strengthened, and fines can be imposed on individuals as well as undertakings, if they organise or facilitate the conclusion of monopoly agreements. The Amended AML brings China's antitrust regime into a new era, but uncertainties remain in many critical areas. 

• During this webinar, we will discuss the key issues and substantial changes introduced in the Amended AML, including:
• introduction of a "stop-the-clock" mechanism to merger review 
• a significant increase in failure-to-file fines as part of an enhanced sanction regime 
• extension of the jurisdiction of Chinese merger control review to below-threshold transactions (e.g., killer acquisitions)
• a relaxed approach towards resale price maintenance ("RPM") 
• a safe harbour for certain vertical agreements; and 
• platform-specific rules

This webinar is designed for in-house lawyers in companies, financial institutions, and private equity investors. All registrations will be reviewed and approved by the webinar host. 

 

Speaker

Yong Bai
Partner
Clifford Chance

Yong Bai is Partner in Clifford Chance's Beijing office and heads the antitrust practice in Greater China. Before joining the firm, he worked for the Ministry of Commerce of the People’s Republic of China (MOFCOM) in its Treaty and Law Department.  He has more than 12 years' experience advising PRC and multinational corporations on antitrust, business investment and regulatory matters. He is a member of the firm’s healthcare and life sciences group, consumer goods and retail group and TMT group. He also worked in the firm’s London and Brussels offices between 2013 and 2015. 

Mr. Bai has been recognised by Chambers Asia-Pacific as “Leading Individual", by Who's Who Legal as "Global Leader" and "Future Leader", and by Legal 500 as "Next Generation Partner". He has also been ranked by the China Business Law Journal as one of China's Elite 100 Lawyers (Foreign Firms) – a member of the A-List of legal profession for China-related business.

Mr. Bai holds a PRC legal professional qualification certificate (currently not a PRC practising lawyer) and has been admitted to practise in the State of New York in 2011.

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