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CN SAMR: Balance Data Protection and Utilization, Enhance Protection for Emerging Industries like AI
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China's State Administration for Market Regulation (SAMR) issued a notice on further implementing the "Anti-Unfair Competition Law of the People's Republic of China", which mentioned reinforcing supervision of unfair online competition behaviors. The Administration aims to balance vitality and order, improve online competition rules, and focus on enhancing the regular supervision of unfair online competition behaviors. It will effectively invoke special provisions prohibiting the infringement of data rights and business secret protection rules to precisely identify unfair data competition behaviors, balance data protection and utilization, and enhance protection for emerging industries such as artificial intelligence. This aims to effectively protect the legitimate rights and interests of all participants in the data market and maintain the competitive order of the data market. AASTOCKS Financial News Website: www.aastocks.com |
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