China Continues To Demonstrate Merger Control Prowess

Law360, New York (October 30, 2013, 6:25 PM EDT) -- While a vast majority of transactions submitted to the Anti-Monopoly Bureau of the Ministry of Commerce (MOFCOM) for merger review are unconditionally cleared,[1] China appears to be strengthening its grip on the implementation of international merger and acquisition transactions by increasingly imposing a variety of conditions on such transactions.

So far this year, four transactions were conditionally cleared by MOFCOM, all of which were transactions that were effected outside of mainland China, namely: (1) the acquisition of Xstrata PLC by Glencore International PLC,[2] (2) the acquisition...
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