Partnership Agreement between Vehicle Safety Inspection Companies Ruled Invalid for Violating AML

On 28 April 2020, wenshu.court.gov.cn published the second instance judgment of the partnership agreement dispute of vehicle safety inspection companies issued by Heihe Intermediate People’s Court of Heilongjiang Province in which it upheld the first instance judgment.

On 28 April 2020, wenshu.court.gov.cn published the second instance judgment of the partnership agreement dispute of vehicle safety inspection companies issued by Heihe Intermediate People’s Court of Heilongjiang Province in which it upheld the first instance judgment.

In this case, three inspection companies reached a partnership agreement that the operating income would be accumulated and distributed evenly, and the inspection price was fixed when the agreement was implemented.

The courts regarded the partnership agreement as an monopoly agreement and therefore concluded that this agreement was invalid for violating theAnti-Monopoly Law (“AML”). (Source: wenshu.court.gov.cn)

Partnership Agreement between Vehicle Safety Inspection Companies Ruled Invalid for Violating AML

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/10/partnership-agreement-between-vehicle-safety-inspection-companies-ruled-invalid-for-violating-aml/.

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