SAMR Merger Control Statistics In The First Half Of 2024

On July 30, 2024, China's merger control authority, the State Administration for Market Regulation (“SAMR”), released its official statistics on the merger review cases in China in the first half of 2024. This note outlines the key statistics published by SAMR and extracts a few implications thereon for companies that keep an eye on China's merger control practice.

1          SAMR Concluded 297 Cases in the First Half of 2024

According to the official release, SAMR concluded review of 297 concentration notifications in the first half of 2024, of which 282 were approved unconditionally. In addition, 14 concentration notifications were withdrawn by the filing party after SAMR's formal acceptance. Up to date in 2024, there is only one remedy case released by SAMR, which is JX Nippon Mining & Metals Corporation's acquisition of shares in Tatsuta Electric Wire & Cable Co., Ltd.