China's Remedy In Private Equity Deal Shows US Influence

Law360, New York (November 16, 2011, 7:07 PM EST) -- The Chinese Ministry of Commerce's recent decision that a French private equity fund must sell a 30 percent minority stake in one textile machinery company in order to acquire another machinery maker provides the first indication that the antitrust watchdog is following the lead of its U.S. and European counterparts in examining the anti-competitive effects of partial equity holdings, attorneys say.

In one of its first examinations of whether a minority stake is big enough to raise competition concerns, MOFCOM signed off on Alpha Private Equity...
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