PRINT THIS PAGE China's new anti-monopoly law19/12/2007. Source: Johnson Stokes & Master . Hannah Ha, Martin Robertson
On 30 August 2007, China introduced a New Law, which is scheduled to commence on 1 August 2008. The New Law is China's first comprehensive competition law. It is of particular importance to private equity investors, as it may impact on their investment activities moving forward, as well as the activities of companies operating in China in which they hold an interest, says Pacific Rim law firm, Johnson Stokes & Master. It contains prohibitions and reporting requirements relating to mergers and acquisitions and other investment activity with a relevant nexus to China. The New Law also prohibits a range of anti-competitive conduct in markets in China. In this update we provide a brief overview of the New Law. We also highlight aspects of the New Law likely to be of significance to private equity investors.
Click here to view the full article (pdf 741kb)
You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
Johnson Stokes & Master ("JSM") is one of the largest law firms in Hong Kong and a leading commercial law practice in Asia. We have full service offices in Hong Kong, Mainland China (Beijing, Guangzhou and Shanghai), Thailand (Bangkok and Phuket) and Vietnam (Hanoi and Ho Chi Minh City). Our multi-national, multi-lingual team of over 800 staff, including more than 250 lawyers who are qualified in local and international jurisdictions are committed to offering our clients effective solutions covering a broad range of commercial matters. For more information about JSM, please visit our website at www.jsm.com.
|
