国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Policy Watch

MOFCOM praised for simplified M&A clearance process

(Agencies) Updated: 2014-10-23 07:30

"This is on par with a simple case in the EU," said Marc Waha, partner in the antitrust practice at Norton Rose Fulbright in Hong Kong, who estimates that around half of all deals are now being filed under the simplified procedure.

Despite the progress, however, some law firms say they are reluctant to use the new procedure because the bases on which a deal could qualify as "simple" are still unclear.

They add that some of the blockbuster international deals that China believes could threaten its industrial policy goals also remain shrouded in uncertainty, as evidenced by its decision to block a planned alliance of the world's top three container shipping lines in June.

MOFCOM did not respond to faxed and e-mailed requests for comments, but speaking at a press briefing in February, Shang Ming, its anti-monopoly bureau's director-general, said the bureau was introducing the simple procedures to "improve efficiency".

After five years, he added, MOFCOM has learnt that the vast majority of cases do not harm domestic competition.

"There has been a change in philosophy at MOFCOM," said Liyong Jiang, a partner at Beijing-based Gaopeng & Partners and a former MOFCOM official. He and others said the agency has worked hard to improve its sector knowledge and has more confidence to identify and approve simple cases.

The simplified procedure is expected to speed up complex transactions because MOFCOM will have more time to devote to these deals, said lawyers.

MOFCOM praised for simplified M&A clearance process

MOFCOM praised for simplified M&A clearance process

Experts say rule of law will unlock economic potential Structural reforms more important than growth in China: ADB

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
那曲县| 海城市| 四会市| 喀什市| 宜兰县| 平南县| 昌乐县| 正蓝旗| 应用必备| 疏附县| 昭平县| 长丰县| 丰镇市| 雷波县| 荣成市| 东城区| 兴业县| 胶州市| 盘山县| 昭通市| 灌云县| 海南省| 漳浦县| 友谊县| 德江县| 深泽县| 龙门县| 体育| 当雄县| 罗源县| 陇川县| 昌图县| 濮阳县| 奎屯市| 古田县| 沙坪坝区| 广平县| 德安县| 佛冈县| 岳普湖县| 武平县|