ARTICLE
23 October 2023

China Fines 12.88 Billion Yuan Over Unfair Competition Practices In 3 Decades

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Over the past three decades, China has dealt with 757,000 unfair competition cases, with 12.88 billion yuan fined and confiscated nationwide, said the SAMR at a symposium held on Wednesday.
China Consumer Protection

Over the past three decades, China has dealt with 757,000 unfair competition cases, with 12.88 billion yuan fined and confiscated nationwide, said the SAMR at a symposium held on Wednesday. The symposium was held to commemorate the 30th anniversary of China's first Anti-Unfair Competition Law, which was enacted in 1993 and subsequently amended in 2017 and 2019. On the same day, the SMAR also released China's Annual Report on Anti-Unfair Competition Enforcement (2022). According to the report, in 2022, the SMAR launched a special campaign against unfair competition for the fifth consecutive year, investigating and handling 9,069 unfair competition cases and imposing fines and confiscations of about 620 million yuan.

http://www.chinaipmagazine.com/en/news-show.asp?id=12809

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