In China, as in the EU and the US, merger control has potentially been a key step for cross-border mergers, acquisitions and joint ventures.
As a concentration of economic operators can lead to a concentration of market power, economic operators must obtain merger approval from the Chinese Market Regulation Administration (the “SAMR”) for their proposed “merger” if the notification thresholds are met.
Yimin Liu of our Shanghai office explains the updates to the amended merger control regime, the practical implications and provides recommendations.
