The Chinese State Administration for Market Regulation publishes a draft amended Anti-Monopoly Law for public comments

KEYWORDS
Reference

Chinese State Administration for Market Regulation, Amendments to China’s Anti-Monopoly Law (the “AML”), Version 2.0, Press Release, 2 January 2020 (Chinese)

For the first time since China’s Anti-Monopoly Law (AML) came into force in 2008, the government is proposing major changes to its centerpiece antitrust legislation. On January 2, 2020, the State Administration for Market Regulation (SAMR) published a draft amended Anti-Monopoly Law for public comments (Draft AML). The key changes in the Draft AML include proposals to: dramatically increase fines, especially for (i) failures to notify mergers, acquisitions and joint ventures, (ii) gun-jumping, and (iii) breach of merger conditions; and introduce mechanisms to stop the review clock during merger control assessments by SAMR. The Draft AML would also articulate a more precise definition of “control” for evaluating notifiability of potential transactions, and add an indispensability

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteurs

  • Skadden, Arps, Slate, Meagher & Flom (Shangai)
    1 contribution 59 visites
  • Skadden, Arps, Slate, Meagher & Flom (Hong Kong)
    Chine 7 contributions 2284 visites

Citation

Julia Zhu, Andrew L. Foster, The Chinese State Administration for Market Regulation publishes a draft amended Anti-Monopoly Law for public comments, 2 janvier 2020, e-Competitions January 2020, Art. N° 94485

Visites 59

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues