The Chinese MOFCOM imposes complex behavioural remedies after identifying potential concerns about impact on competition in the import to China of soy beans (Marubeni / Gavilon)

On the 23rd April 2013 MOFCOM published its 2nd merger decision of the year. It was a clearance, with conditions, of the merger between Marubeni Corp, a publicly listed company headquartered in Japan, and Gavilon Holdings LLC, a privately held company based in the USA. Process The parties submitted their initial notification on 19th June 2012. MOFCOM determined that the initial materials were not complete, which is relatively common in China, and asked for further details. On July 31st 2012 MOFCOM formally accepted the concentration notification for review. On August 30th, 30 days after the initial notification, MOFCOM extended the review period. The review period was again extended on November 28th with an expected decision deadline of the 27th January 2013. During the period of

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  • First Principles Economics (London)

Quotation

David Stallibrass, The Chinese MOFCOM imposes complex behavioural remedies after identifying potential concerns about impact on competition in the import to China of soy beans (Marubeni / Gavilon), 22 April 2013, e-Competitions April 2013, Art. N° 52512

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