China: SAMR investigation into 28 mergers regarding compliance with reporting requirement
Progress
Current status
in force
10 Jul 2022 in force
Scope
Implementers
China
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Announced administrative penalities concerning 28 mergers due to non-compliance with reporting requirement
On 10 July 2022, China's State Administration for Market Regulation (SAMR) announced administrative penalties of CNY 500,000 per case in 28 acquisitions in which companies had breached the Anti-Monopoly Law, mainly by violating reporting duties to S…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority