China Fast-Track Merger Plan Unlikely To Speed Deal Reviews

Law360, New York (June 12, 2012, 10:46 PM ET) -- A proposal by China's antitrust regulator to create a fast-track merger review system for simple transactions is unlikely to speed reviews in most cases because the threshold for qualifying mergers is too restrictive and the agency is chronically understaffed, attorneys said Tuesday.

The draft proposal, which the regulator began circulating to law firms and other stakeholders in late May, would create three separate categories of transactions with different timelines of review based on whether the deal qualifies as simple, normal or major.

But despite some of...
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