China's Latest Merger Decision Reflects New Approach
Law360, New York (March 7, 2014, 3:07 PM EST) -- The most recent conditional merger approval decision by the Ministry of Commerce of the People's Republic of China provides new insights into the development of one of the world's fastest growing merger control agencies. MOFCOM recently gave conditional approval to Thermo Fisher Scientific inc.'s acquisition of Life Technologies Corp. Most notable were the faster speed of MOFCOM's review and the agency's increased use of economic analysis. This decision also highlights how MOFCOM is charting its own course, which often leads it to impose remedies beyond those required by enforcement agencies in other jurisdictions.
Thermo Fischer and Life Technologies both...
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