SAMR delegates concentration reviews to five local places and sets out rules on cybersecurity service certification. Shenzhen is the first city to issue regulations on AI.
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 proposes to raise the thresholds for concentration filings and defines the relevant product market for antitrust involving IP. The use of artificial intelligence to generate prescriptions is strictly prohibited.
Guo Yongmao and Zhang Tianyang of Haiwen & Partners highlight 2022 tax policies that support businesses, which have been impacted by the COVID-19 pandemic situation