We’re continuing with our celebration of the Lunar New Year—the year of the snake. In this issue, we concentrate on China. Adrian Emch (Hogan Lovells) has sponsored seven articles that will bring you current with all the latest developments in this key antitrust arena. The Chinese agencies are accelerating their activities and decisions, and anyone planning to do business in their backyard needs to be on top of the situation—even if just virtually. Just ask Wal-Mart.
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China – 2013 Update
China’s Antitrust Law Enforcement After the 18th Party Congress
As the economic reform deepens, the breadth and depth of law enforcement will increase, and the antitrust enforcement authorities will enhance their coordination and cooperation. Ying Huang (Steptoe & Johnson LLP)
A Discussion of MOFCOM’s Competitive Analysis in 2012 From an Economic Perspective
China has become a major regulatory hurdle for cross-border transactions with a growing number of global mergers and acquisitions facing extensive scrutiny by its merger control agency. Elizabeth Xiao-Ru Wang & Sharon Pang (Charles River Associates)
Merger Remedies in China: Past, Present, and Future
From the moment the AML came into effect in August 2008 until the Chinese New Year 2013, MOFCOM approved 16 transactions subject to conditions. HAN Wei (University of Chinese Academy of Sciences)
Merger Control in China: Developments in 2012
The increasing transparency of China’s merger control enforcement agency, the Anti-monopoly Bureau of the Ministry of Commerce, has been a welcome development in 2012. Michael Han & Richard Hughes (Freshfields Bruckhaus Deringer LLP)
MOFCOM’s Wal-Mart Decision and Its Wider Implications
The decision provides a good platform to discuss the feasibility, the underlying issues, and the likely results of merger control filings involving VIE structures. Zhuowei (Joyce) Li & Ying (Tracy) Zhou (Han Kun Law Offices)
Cartel Enforcement Comes of Age in China The National Development and Reform Commission’s LCD Panels Decision
The watershed ruling the first extraterritorial application of Chinese cartel law with financial penalties almost 57 times greater than penalties previously imposed by a Chinese antitrust authority signals a new and aggressive turn in behavioral antitrust enforcement for NDRC. Philip Monaghan (Mayer Brown)
Developments in Anti-Monopoly Agreement Enforcement and Suggestions Regarding Compliance Programs in China
China’s antitrust enforcement, as evidenced by the 2012 anti-cartel enforcement activity, is booming. John Yong Ren & Jet Zhisong Deng (T&D Associates)
