MOFCOM Solicits Public Comments on Draft Regulations Related to Remedies for Conditional Merger-Control Approvals
By DAVID LIVDAHL, JENNY SHENG & JORA GUO
On March 27, 2013, the Ministry of Commerce (the “MOFCOM”) published draft Regulations Relating to Imposing Restrictive Conditions on Concentration of Business Operators () seeking public comments by April 26, 2013 (the “Draft Regulations”). It is anticipated that the Draft Regulations will be finalized within 2013. After the Draft Regulations come into force, they will replace the Interim Provisions of the Ministry of Commerce on Implementing Assets or Business Divestiture Related to Concentration of Business Operators () which was promulgated by MOFCOM on July 5, 2010 and became effective on the same date (the “2010 Interim Provisions”).