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Oded, Sharon --- "Leniency and compliance: towards an effective leniency policy in the Chinese Anti-Monopoly Law" [2013] ELECD 996; in Faure, Michael; Zhang, Xinzhu (eds), "The Chinese Anti-Monopoly Law" (Edward Elgar Publishing, 2013) 142

Book Title: The Chinese Anti-Monopoly Law

Editor(s): Faure, Michael; Zhang, Xinzhu

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781781003237

Section: Chapter 3

Section Title: Leniency and compliance: towards an effective leniency policy in the Chinese Anti-Monopoly Law

Author(s): Oded, Sharon

Number of pages: 23

Abstract/Description:

In August 2007, China joined the large group of legal systems utilizing leniency policies in the battle against cartels.1 Article 46 of the Anti-Monopoly Law (AML), which came into force in August2008, empowers the Chinese non-merger enforcement authorities, the National Development and Reform Commission (NDR C), and the State Administration for Industry and Commerce (SAIC), to reduce or eliminate the liability of undertakings that voluntary report monopoly agreements and provide key evidence to prove these infringing agreements. The general policy stated in Article 46 has been elaborated through the implementation rules promulgated in December 2010 by the NDR C and the SAIC. These rules became effective on 1 February 2011. This chapter discusses the newly emerged leniency policy in China in light of the experience gained in the largest jurisdictions that adopted such policies: namely, the United States (US) and the European Union (EU).