The Chinese State Council publishes new merger notification thresholds under the Anti-Monopoly Law

The State Council has published the long-awaited Regulation on Notification Thresholds for Concentrations of Undertakings (the « Regulation»). The new thresholds supplement the merger control rules under the Anti-Monopoly Law (« AML»), which contains no specific notification thresholds. The new Regulation became effective upon promulgation on August 3, 2008. I. The Regulation The Regulation consists of only five provisions. The first article states that this Regulation is promulgated under the authorization of the AML. Article 2 recites the forms of concentrations, which are the same as Article 20 of the AML, namely: (1) mergers of multiple undertakings; (2) one undertaking gaining control over another by means of equity or asset purchase; and (3) one undertaking gaining controlling

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Auteurs

  • Jones Day (Shanghai)
  • Jones Day (Beijing)
  • Winston & Strawn (Washington)

Citation

Peter J. Wang, Yizhe Zhang, Stephen Harris, The Chinese State Council publishes new merger notification thresholds under the Anti-Monopoly Law, 3 août 2008, e-Competitions August 2008, Art. N° 33818

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