Law360, New York (August 10, 2012, 12:44 PM EDT) -- Aug. 1, 2012, marked the fourth anniversary of China's Anti-Monopoly Law. With only 57 articles, the AML introduces a series of new regimes governing not only transactions but also day-to-day operations of domestic and foreign companies. This article presents an overview of how the AML has been implemented so far, with particular focus on the latest development, and where it may go in the near future.
The Ministry of Commerce ("MOFCOM") is responsible for reviewing concentration of undertakings that trigger a certain turnover thresholds....
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