A Compensation Contract between Brickyards Ruled Invalid for Antitrust Violations

Recently, wenshu.court.gov.cn released a judgment made by Nandan People’s Court in Guangxi Zhuang Autonomous Region regarding a compensation contract for shutting down the production by bricks suppliers.

Recently, wenshu.court.gov.cn released a judgment made by Nandan People’s Court in Guangxi Zhuang Autonomous Region regarding a compensation contract for shutting down the production by bricks suppliers.

According to the judgment, the parties signed a compensation contract for shutting down the supplement of bricks to restrict the competition and therefore to monopolize the brick market.

As a result, the compensation contract was ruled invalid by the court for constituting a monopoly agreement.

(Source: wenshu.court.gov.cn)

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/03/a-compensation-contract-between-brickyards-ruled-invalid-for-antitrust-violations/.

Leave a Reply

Please Login to Comment