China publishes its first guidance on merger control compliance
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The State Administration for Market Regulation (SAMR) issued Antitrust Compliance Guidelines for Concentrations of Undertakings (Guidelines) on 11 September 2023. It is the first time that SAMR has issued special compliance guidelines in the field of merger control.
The Guidelines aim to provide targeted and practical guidance on merger control. They follow the publication in October 2020 of SAMR’s Antitrust Compliance Guidelines for Undertakings, the objective of which is to increase overall antitrust compliance awareness among business operators, while not specifically elaborating the merger control aspects.
This alert details key points from the Guidelines and provides practical suggestions for constructing effective new or existing merger control compliance management systems.
This e-publication is prepared by partner Vivian Cao and counsel Jiaming Zhang from A&O’s China joint operation firm Shanghai Lang Yue Law Firm.
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