We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

MOFCOM Gets Serious About Unreported M&A Transactions

19 January 2012

The Provisional Measures on the Investigation and Handling of Concentrations between Business Operators which were Not Notified in accordance with the Law come into effect on 1 February 2012. The measures aim to flesh out the prohibition in the Anti-Monopoly Law (AML) on implementing a reportable M&A transaction without notification.

The procedures established under the Provisional Measures are complex and, in the extreme, could be very time-consuming. While the measures basically restate the battery of sanctions set out in the AML, the threat of "naming and shaming" by way of publishing adverse decisions may work as an additional deterrent. What is more, the risk of the Ministry of Commerce ordering the unwinding of the transaction can never be totally excluded.


Jun Wei

Jun Wei

Office Managing Partner

Loading data