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MOFCOM orders extraterritorial divestiture of key mining asset in GlencoreXstrata merger: lessons for future notifications

  • Mayer Brown LLP
  • -
  • China
  • -
  • May 6 2013

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 (MOFCOM) gave

Penalties now likely if M&A deals are closed without China anti-monopoly approval

  • Mayer Brown LLP
  • -
  • China
  • -
  • January 11 2012

Three and a half years after commencement of the Anti-Monopoly Law in China, the Anti-Monopoly Bureau of China's Ministry of Commerce has signalled its intention to finally begin penalising business operators who fail to notify their M&A deals to Mofcom in circumstances where such notification (and then pre-approval by Mofcom) is mandatory