合规提示：纵向垄断“安全港”细则即将生效
近日，国家市场监督管理总局颁布了新修订的《禁止垄断协议规定》，该《规定》即将于2026年2月1日起正式施行。本次修订主要明确了适用于纵向垄断协议（即：经营者与交易相对人之间达成的垄断协议）的推定豁免标准（俗称“安全港规则”），该修订直接关系着企业上下游交易的合规性。
Recently, the State Administration for Market Regulation (SAMR) issued the revised Provisions on Prohibiting Monopoly Agreements, which will officially come into force on February 1, 2026. This revision primarily clarifies the presumption of exemption criteria (commonly referred to as the “Safe Harbor” rule) applicable to vertical monopoly agreements (i.e., monopoly agreements concluded between business operators and their transaction counterparts), which directly bears on the compliance of enterprises’ upstream and downstream transactions.
为帮助贵司提前规避风险，现将《规定》的主要修改内容归纳如下，敬请重点关注：
To help your company preempt potential risks, we hereby summarize the major revisions of the Provisions as follows for your close attention:
1. “安全港”规则适用于所有纵向交易模式：包括书面合同、口头约定，以及网络平台等数字化交易形式。
The “Safe Harbor” rules apply to all vertical transaction models, including written contracts, oral agreements, and digital transaction forms such as online platforms.
2. 纵向垄断协议可细分为2类：纵向价格垄断协议（即：固定/限定转售价格协议）和纵向非价格垄断协议（如：区域限制、客户限制、渠道限制等）。针对不同类型的纵向垄断协议，《规定》设置了不同的“安全港”标准。其中：
Vertical monopoly agreements can be subdivided into two categories: vertical price monopoly agreements (namely, fixed/resale price maintenance agreements) and vertical non-price monopoly agreements (e.g., territorial restrictions, customer restrictions, channel restrictions, etc.). For different types of vertical monopoly agreements, the Provisions set forth distinct “Safe Harbor” criteria as follows:
满足以下条件的固定/限定转售价格协议不予禁止：
Fixed/resale price maintenance agreements shall not be prohibited if the following conditions are met:
a. 协议方各自在协议期间在相关市场每一年度的市场份额均低于5%；
| Each party to the agreement holds a market share of less than 5% in the relevant market for each fiscal year during the term of the agreement; |
b. 协议所涉及商品在协议期间每一年度的营业额均低于1亿元。
| The annual turnover of the goods covered by the agreement is less than RMB 100 million for each fiscal year during the term of the agreement. |
对于纵向非价格垄断协议，若可以证明协议方各自在协议期间相关市场每一年度的市场份额均低于15%的（无营业额条件），亦不予禁止。
| For other types of vertical restraint agreements, they shall not be prohibited if it can be proven that each party to the agreement holds a market share of less than 15% in the relevant market for each fiscal year during the term of the agreement (with no turnover threshold applicable). |
3. 尽管如此，若有证据证明协议虽然符合上述标准，但具有排除、限制竞争效果的，则仍具有违法风险。
Notwithstanding the above, if there is evidence proving that an agreement, despite meeting the aforementioned criteria, has the effect of eliminating or restricting competition, such agreement shall still be at risk of being deemed illegal.
基于此，我们建议贵司尽快开展合规自查，全面梳理上下游合作协议，分类核算贵司与交易相对人（上下游合作伙伴）在相关市场的市场份额和/或所涉产品的营业额情况；对于符合“安全港”标准的，妥善保存份额 / 营业额计算依据（如财务报表、行业报告、销售台账等）；对于不符合“安全港”标准的，及时评估竞争风险，必要时予以适当修订。
Based on the above, we recommend that your company promptly conduct a compliance self-inspection, comprehensively sort out upstream and downstream cooperation agreements, and separately calculate the market shares of your company and its transaction counterparts (upstream and downstream partners) in the relevant market and/or the relevant product turnover. For agreements that meet the “Safe Harbor” criteria, properly retain the basis for calculating market shares/turnover (e.g., financial statements, industry reports, sales ledgers, etc.). For those that fail to meet the criteria, timely assess competition risks and, if necessary, make appropriate revisions to the agreements.
若对相关市场界定、市场份额/营业额计算标准、条款合规性判断等相关事宜存在疑问的，欢迎随时与我们联系。
Should you have any questions regarding the definition of relevant markets, calculation standards for market shares/turnover, or compliance evaluation of contractual clauses, please feel free to contact us at any time.
