China Merger Regulations and Anti-Monopoly Law Now in Place
August 15, 2008
This White Paper was co-authored by John Huang and Kevin Qian of MWE China Law Offices, a separate law firm based in Shanghai. McDermott has a strategic alliance with MWE China Law Offices .
On August 3, 2008, the Anti-Monopoly Enforcement Authority issued merger regulations in connection with China’s Anti-Monopoly Law (AML), which took effect August 1, 2008. The AML represents China’s full entry into the world of global competition law and its emerging role as a major player among competition authorities. The AML brings about a profound change for businesses with (or contemplating) operations or investments in China. This article (1) summarizes the AML and the merger regulations, (2) contrasts the AML to U.S. and EU competition law, and (3) provides practical guidance for companies doing or intending to do business in China.
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