The Anti-monopoly Law (AML) has undergone an evolution since its advent, nearly adecade ago. Now, the process for simple cases has been streamlined to ensure efficientapprovals, allowing the competition authority greater time and resources to scrutinizemore complex and challenging deals. Active enforcement has lent to the increasedawareness of antitrust issues among companies and the general public. Fay Zhou and XiLiao of Linklaters provide a brief look back at the AML's significant growth spurts and sharesome guidance on what lies ahead.
The most updated interpretation of China's company law addresses shareholder rights protection, and other rights and actions related to corporate governance. Although there are noteworthy improvements, including creating a balance between shareholders' ownership rights and preemption rights, practical change is limited and inconsistencies still require clarification.