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