Streamlining the Chinese merger control process — further implementing rules issued
As previously noted, the Ministry of Commerce in China (MOFCOM) has been drafting rules implementing the recently issued Interim Regulation on the Standards Applicable to Simple Cases of Concentrations between Business Operators (the ‘Simple Cases Regulation’). This regulation, which sets out the types of transactions that qualify as ‘simple cases’, has been effective since 12 February 2014.
Last week, on 18 April, MOFCOM issued a set of implementing rules for the Simple Cases Regulation: the Guiding Opinions on the Notification of Simple Cases of Concentrations between Business Operators (Trial) (the ‘Guiding Opinions’) and its two annexes, the simplified notification form and the ‘public notice’ template (collectively the ‘Implementing Rules’). The new rules took effect from the date of publication.
The Simple Cases Regulation was the first step in implementing a simplified merger control procedure in China…
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