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Legal update
Guizhou Province Announced the Regulations Against Unfair Competition
On October 9, the website of Guizhou People’s Congress announced the Regulations of Guizhou Province Against Unfair Competition (“Regulations”).
The Regulations consist of five chapters and twenty-six articles, with a special chapter on unfair competition, investigation of suspected unfair competition, and legal liability. It is clear that if an operator bribes another person in violation of Article 8 of the Regulations, the supervision and inspection department shall confiscate the illegal income and impose a fine of not less than RMB 100,000 yuan and not more than RMB 3 million yuan; if an operator engages in prize sales in violation of Article 12 of the Regulations, the supervision and inspection department shall order the cessation of the illegal act and impose a fine of not less than RMB 50,000 yuan and not more than RMB 500,000 yuan; where an operator engages in unfair competition in violation of the provisions of these Regulations, and there are statutory circumstances such as taking the initiative to eliminate or mitigate the harmful consequences of the illegal act, the administrative penalty shall be mitigated or reduced in accordance with the law; and where the violation of the law is minor and corrected in time, and does not result in any harmful consequences, no administrative penalty shall be imposed.