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ARTICLE · 17 APRIL 2008

China´s Draft Merger Review Regulations

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China's State Council has published draft Regulations on Notifications of Concentrations of Undertakings (the "Draft Regulations") for public comment. These are intended to implement the relatively general merger control provisions in China's new Anti-Monopoly Law ("AML"), which goes into effect on August 1 but did not contain any specific notification thresholds.

ChinaCorporate/Commercial Law
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Article by Peter J. Wang and Yizhe Zhang

China's State Council has published draft Regulations on Notifications of Concentrations of Undertakings (the "Draft Regulations") for public comment. These are intended to implement the relatively general merger control provisions in China's new Anti-Monopoly Law ("AML"), which goes into effect on August 1 but did not contain any specific notification thresholds. (For more details on the AML, see our Commentary at http://www.jonesday.com/pubs/pubs_detail.aspx?pubID=S4662.)

The Draft Regulations follow and generally improve upon an earlier informally circulated draft. They cover three main areas: the meaning of "obtaining control," specific notification thresholds, and various procedural issues.

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