Anti-Monopoly

China awarded punitive damages totaling 1.16 billion yuan in 2023

Courts nationwide in China handled 319 cases involving punitive damages, a 117% increase year-on-year, said Ding Guangyu, Deputy Director of the Third Civil Division of the Supreme People's Court, at a regular press conference held on May 28.

Alibaba ordered to pay 1 billion Yuan to JD.com for antitrust practices

According to news on December 29, the Beijing High People's Court has made a first-instance judgment on the JD.com vs. Alibaba case. Alibaba was ordered to pay 1 billion Yuan to JD.com for abusing its dominant market position to implement its "alternative" monopoly policy.

Largan Precision files patent infringement lawsuit against GSEO in Taiwan

​Optical lens module manufacturer Largan Precision has filed a lawsuit in the IP and Commercial Court in China’s Taiwan Province against its rival Genius Electronic Optical (GSEO), claiming GSEO of infringing its invention patents.

China IP protection sees increasing foreign enterprises satisfaction rate

​ China has seen increasing foreign enterprises satisfaction rate with its IP protection, said Shen Changyu, Head of China National Intellectual Property Administration, at a press conference held on November 18.

China’s antitrust regulator imposed fines and confiscations totaling over 3 million Yuan in 2023

China’s antitrust regulator has handled 6870 cases related to unfair competition, imposing fines and confiscations totaling over 304 million Yuan, said Lv Jun, deputy director of the State Administration for Market Regulation, at a press conference held on September 4.