New draft aims for fairer competition
![](https://uploadfile.ltdcdn.com/uploadfilev2/image/0/467/309/2022-11/16691677173494.png?imageView2/1/w/720/h/402)
A draft amendment to the Anti-Unfair Competition Law opened for public opinion on Tuesday, with provisions for fines ranging as high as 5 percent of a firm's annual revenue to punish unfair competitive practices, it was announced on the website of the State Administration for Market Regulation.