Resale Pricing In China: Rule Of Reason Or Something Else?

Law360, New York (March 19, 2013, 1:03 PM EDT) -- Late last month, two provincial branches of China’s National Development and Reform Commission, which has jurisdiction over price-related anti-competitive conduct under that country’s Anti-Monopoly Law (“AML”), announced their decision to fine China’s two largest distilleries a total of approximately $72.3 million for implementing resale price maintenance (“RPM”) programs in violation of the AML.[1] The decision is noteworthy for several reasons. It is NDRC’s first public enforcement action involving RPM, it is the largest fine imposed to-date by any of China’s AML enforcers, and the companies are...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.