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On 31 October 2011, the Ministry of Commerce (MOFCOM) publicly announced the eighth conditional merger clearance since the enactment of the Anti-monopoly Law (AML) in 2008. According to its announcement1 , the review process lasted for 3.5 months starting from 14 July 2011 when the notification was submitted to MOFCOM.
Set forth below is a chart outlining the review process.
According to the announcement, during the review process, MOFCOM sought opinions from the following third parties: government agencies, trade associations, competitors, downstream undertakings and industry experts.
For a more detailed analysis of MOFCOM's decision, please see our article entitled MOFCOM's 8th Conditional Clearance – Alpha V/Savio Deal.
Footnotes
1 A copy of MOFCOM's Announcement [2011] No. 73 could be found here (in Chinese): http://fldj.mofcom.gov.cn/aarticle/zcfb/201111/20111107809156.html.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
