Announced on the State Administration of Industry and Commerce website on 3 May 2013, the Guideline on the Handling of Evidence for Anti-monopoly Cases issued by Liaoning Administration of Industry and Commerce represents the next phase of Anti-Monopoly Law enforcement activity by the SAIC.
The US$5.6 billion grain deal between one of Japan's largest trading companies and the third-largest North American grain company took just under a year for MOFCOM to clear.
Following a lengthy review lasting the best part of a year, on 16 April 2013 the Ministry of Commerce of the People's Republic of China gave a conditional green light to the acquisition by Glencore International plc.
The conditional clearance was issued by MOFCOM almost 11 months after Marubeni's first submission of the notification.
The over 8,000-word decision issued by MOFCOM contains the most detailed competition analysis that has ever been published.
MOFCOM has published draft Rules Regarding Imposition of Restrictive Conditions on Concentrations of Undertakings.
As part of a continued move toward greater transparency in China’s merger control regime, the Chinese Ministry of Commerce published for public comment on 27 March 2013 draft "Regulations on the Imposition of Restrictive Conditions on Concentrations of Business Operators",
The draft "Interim Regulations on Standards for Simple Cases of Concentrations of Business Operators" was published for comment.
Horizontal monopolistic agreements are presumed to have the effect of eliminating or restricting competition.
On 22 February 2013, the National Development and Reform Commission (NDRC) imposed record penalties under China’s "Anti-Monopoly Law".
Tthis is the first time that the Chinese AML enforcement agencies have penalized Resale Price Maintenance under the AML.
There was substantial progress of the merger control regime and antitrust administrative and cartel investigations.
Both companies said they would study the AML rules and rectify improper commercial behaviors in accordance with the AML.
The progress by China's antimonopoly regulators has brought far-reaching impacts on companies doing business in China.
This is China's first antitrust enforcement action against international cartels and imposes the highest penalties.
China’s National Development and Reform Commission (NDRC) has fined six liquid crystal display (LCD) manufacturers a total of RMB 353 million (USD 56 million) for their participation in a cartel to fix the price of LCD panels on the Chinese mainland between 2001 and 2006.
The Directors-General of MOFCOM, NDRC and SAIC attended the Forum and introduced the latest AML enforcement activities.
On January 4, 2013, China’s National Development and Reform Commission imposed fines of RMB 353 million (approximately USD 56 million) on six international manufacturers of liquid crystal display panels for price-fixing in connection with the so-called LCD cartel.
China’s powerful National Development and Reform Commission (NDRC) (successor to the old State Planning Commission) on January 4 announced China’s first prosecution of an international price-fixing cartel.