The article helps legal departments of foreign companies in China to better understand the new law and legally maximize their interest under the restrictions of the Anti-Monopoly Law.
The new Guidelines detail what information is required from a notifying party in its submission to the Antitrust Investigation Office. Key procedural issues are also clarified.
These Guidelines aim to facilitate filings for mergers and acquisitions of domestic enterprises by foreign investors to ensure that they are not in violation of the anti-monopoly law.
In a landmark anti-trust suit, battery maker Tsum (Sichuan) Technology took Sony and its local partner to court in Shanghai, accusing the electronics company…