Overview
China’s Ministry of Commerce (MOFCOM) is calling for public comments on draft rules surrounding the competition aspects of mergers. This briefing from King & Wood reviews the rules and the factors that MOFCOM will take into account when assessing market concentrations. These are: (a) the market shares of the business operators involved in the concentration and their control over the market; (b) the degree of market concentration; (c) the impact of the concentration of business operators on market entry and technological advancement; (d) the impact of the concentration on consumers and other relevant business operators; (e) the impact of the concentration of business operators on the development of the national economy; and (f) any other factors deemed by MOFCOM to be relevant for consideration.
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