CHINESE MERGER CONTROL: PATTERNS AND IMPLICATIONS

China's Anti-Monopoly Law went into effect on August 1, 2008. Even though enforcement authorities tend to build their capacity progressively, China has already seen three milestone case decisions in the past year: InBev/Anheuser-Busch, Coca-Cola/Huiyuan, and Mitsubishi Rayon/Lucite. In this art...

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Bibliographic Details
Published in:Journal of competition law & economics 2010-06, Vol.6 (2), p.477-496
Main Authors: Zhang, X., Zhang, V. Y.
Format: Article
Language:English
Subjects:
Acquisitions & mergers
Antitrust laws
Breweries
Decision analysis
Economic theory
Studies
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Summary:China's Anti-Monopoly Law went into effect on August 1, 2008. Even though enforcement authorities tend to build their capacity progressively, China has already seen three milestone case decisions in the past year: InBev/Anheuser-Busch, Coca-Cola/Huiyuan, and Mitsubishi Rayon/Lucite. In this article, we elaborate the background of each case and provide in-depth analysis of each decision. In particular, we explore the common characteristics of the cases, the economic theories on which the merger control authority has relied in its merger decisions, and the patterns regarding China's merger policy. [PUBLICATION ABSTRACT]
ISSN:1744-6414
1744-6422
DOI:10.1093/joclec/nhp029