With already more than three years experience conducting antitrust reviews on concentrations, the Ministry of Commerce (Mofcom) publicly announced its first set of guidelines on August 29 2011, the Tentative Provisions for the Assessment of the Competitive Effects of Concentrations of Business Operators (关于评估经营者集中竞争影响的暂行规定) (the Provisions).
Fortifying the antitrust framework
Mofcom brings an improved regulatory system with its first guideline for antitrust reviews of concentrations. Foreign investors should take note of the public interest aspect the new rules consider when assessing competitive effects
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