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 […]

Sharon Pang, Elizabeth Xiao Wang, Feb 26, 2013 Understanding the requirements of different merger control regimes and coordinating a coherent approach across multiple jurisdictions is crucial to a successful global M&A strategy. China has become a major regulatory hurdle for cross-border transactions with a growing number of global mergers and acquisitions facing extensive scrutiny by […]

Ying Huang, Feb 26, 2013 On November 14, 2012, the 18th National Congress of the Communist Party of China came to a close at the Great Hall of the People in Beijing. The 18th Party Congress unveiled China’s new central collective leadership headed by General Secretary Xi Jinping, and featured an important keynote political report […]

Feb 26, 2013 On January 4, 2013, China’s National Development and Reform Commission (“NDRC”) published a decision under the Price Law imposing financial penalties of RMB 353 million (approximately U.S.$57 million) on six Korean and Taiwanese manufacturers of LCD panels-Samsung Electronics, LG Display, Chimei, AU Optronics, Chunghwa Picture Tubes, and HannStar Display. The watershed ruling-the first […]

Wei Han, Feb 26, 2013 Even though the Anti-Monopoly Law of the People’s Republic of China (“AML”) has been in force for a relatively short span of time, antitrust law enforcement in China has attracted the attention of observers around the world. The main reason concerns curiosity regarding how the Chinese competition authorities review global M&A […]

Jet Zhisong Deng, John Yong Ren, Feb 26, 2013 High profile cases, such as the LCD Panel Case and the Maotai Case announced in January 2013, have cast more limelight on China’s anti-monopoly enforcement. China’s Anti-Monopoly Law is entering its fifth year since taking effect on August 1, 2008. While regulations, rules, and actual cases are still in development, […]

Joyce Li, Tracy Zhou, Feb 26, 2013 On August 14, 2012, the Chinese Ministry of Commerce (“MOFCOM”) released its announcement on the approval of the planned acquisition of 33.6 percent equity in Newheight Holdings by Wal-Mart subject to conditions. This is the first published decision by MOFCOM regarding a merger review of a transaction involving variable interest […]

Michael Han, Richard Hughes, Feb 26, 2013 2012 was the Year of the Dragon. The Dragon is the most dynamic of China’s twelve zodiac signs and China’s antitrust merger control regime developed with corresponding vigor in 2012. This article summarizes the key developments and the significance of these developments for businesses.