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China: M&A boom leads to big business for lawyers

By  |  July 3, 2014

Antitrust lawyers are the new, big commodity in China now, according to reports, as mergers and acquisitions deals boom both national and across the globe.

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    In what’s on par to be a big year for M&A, China has seen one of the biggest influxes in antitrust matters. Just six years ago, the nation had no legislation in place to regulate mergers.

    But with last month’s surprise rejection of the proposed P3 shipping alliance by Chinese authorities, the nation is now proving to be a key location for antitrust matters. Competition law firms including Linklaters and Mayer Brown have recently boosted their presence in China, and more expansions are expected.

    The unpredictability of China’s Ministry of Commerce in ruling on mergers has lead law firms across the globe to pay special attention to the country, making antitrust law a key focus for experts in the nation.

    Full content: Reuters

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