Tag: M&A

CHINA | Determining a Concentration of Undertakings

M&A transactions involving a concentration of undertakings can be deemed as a monopoly. The Provision on the Review of Concentrations of Undertakings clarifies several definitions and sets a standarised legal basis. Effective from 15 April 2023, the State Administration of Market Regulation issued four Provisions supplementing the Anti-Trust Law of the People’s Republic of China…

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Antitrust and Competition Law: Germany and Austria draft guidelines on the amended Competition Law

In the current evolving world, the transaction value of a merger or acquisition is no longer limited to the turnover value of the target company. Instead, as seen in Facebook’s acquisition of WhatsApp for 19 billion USD, high transactional value does not always correlate with turnover, instead, it can relate to a strong market and…

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Guidelines for China outbound investment

In recent years, China outbound investments have grown rapidly. Encouraged by the Belt and Road Initiative launched by President Xi Jinping in 2013, Chinese enterprises have sought overseas investment and cooperation to facilitate the growth of Belt and Road. As a result, the investment of relevant products, technologies and services assisted the transformation of the…

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