China's Stance On Silvinit-Uralkali

Law360, New York (June 20, 2011, 6:46 PM EDT) -- On June 2, 2011, the Chinese Ministry of Commerce (MOFCOM) announced conditional approval of the merger between Russian potash producers Silvinit and Uralkali. Since the PRC Anti-Monopoly Law (“AML”) entered into force in 2008, MOFCOM has published only eight decisions, as it makes public only prohibition decisions and decisions imposing remedies. As of the end of 2010, MOFCOM had reviewed 189 concentrations under the AML.

This new decision confirms that, even in global markets, MOFCOM will ensure that a concentration does not adversely affect Chinese buyers,...
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