We thought you would be interested in learning about some recent
developments in China's merger control rules. China launched
its merger control regime in 2008 and based it on the European
Union model. Those merger control laws will soon be amended.
The Ministry of Commerce of the People's Republic of China
(MOFCOM) recently provided Dentons' Competition and Antitrust
team in China with a near-final draft of the new law. This new law
is the 2017 priority of new Director General Wu Zhenguo. It may be
enacted late this year or early next year.
Here is a summary of the proposed key changes brought by this
important new law.
The framework of the new law (draft)
The new law, Measures for Review of Concentration of
Undertakings, will be comprehensive and will replace the old
Measures for Review of Concentration of Undertakings and the
Measures for Notification of Concentration of Undertakings. The
draft consists of seven chapters and 70 articles, covering (i)