Antitrust

SAMR delegates concentration reviews to five local places

PCAOB and Beijing reach audit agreement to prevent mass delisting; U.S.-China merger abandoned following U.S. antitrust investigation; new compliance rules for wealth management companies

Nate Bush and Della Ding of DLA Piper and Ray Xu of Shanghai Kaiman Law Firm assess the implications for dominant firms of recent amendments to China’s key anti-monopoly legislation and proposed revisions to its implementing rules.

Nate Bush and Della Ding of DLA Piper and Ray Xu of Shanghai Kaiman Law Firm review new regulations prohibiting monopoly agreements, abuse of intellectual property rights and as actions that eliminate or restrict competition, as well as discussing the potential penalties for violations.

SAMR defines the relevant product market for antitrust involving IP

SAMR proposes to raise the thresholds for concentration filings

Revised Anti-monopoly Law includes provisions on hub and spoke conspiracies

Nate Bush, Ray Xu and Della Ding of DLA Piper highlight key changes to merger control under the Amended Anti-Monopoly Law and draft regulations including increased revenue thresholds, investigation of “below threshold” transactions and clarification of what is meant by gun-jumping

SAMR specifies exceptions of monopoly agreements

SMAR prohibits platform operators from abusing their dominant market positions