Home » Chinese Merger Control Law: An Assessment of Its Competition-Policy Orientation After the First Years of Application by Tingting Weinreich-Zhao
Chinese Merger Control Law: An Assessment of Its Competition-Policy Orientation After the First Years of Application Tingting Weinreich-Zhao

Chinese Merger Control Law: An Assessment of Its Competition-Policy Orientation After the First Years of Application

Tingting Weinreich-Zhao

Published September 24th 2014
ISBN : 9783662438671
Hardcover
400 pages
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 About the Book 

On 1 August 2008 the Chinese Anti-Monopoly Law entered into force, introducing a comprehensive framework for competition law to the Chinese market. One set of the new rules pertains to merger control. China s Ministry of Commerce (MOFCOM) wasMoreOn 1 August 2008 the Chinese Anti-Monopoly Law entered into force, introducing a comprehensive framework for competition law to the Chinese market. One set of the new rules pertains to merger control. China s Ministry of Commerce (MOFCOM) was nominated as the authority responsible for enforcing merger control in China and has been actively doing so ever since. Recent years have established China as one of the most important merger filing jurisdictions for cross-border mergers alongside the EU and USA. This work evaluates the Chinese merger control law regime and MOFCOM s decision-making practice after more than five years of application. In particular, it assesses which policy goals (competition policy goals or industrial policy considerations) prevail in the written law and its application and provides suggestions for a further improvement of the law with the aim to develop a transparent merger control regime that promotes long-term economic growth in China.