On January 22nd, the State Council of China revised the standards for declaration of Concentrations of Undertakings for the second time, which will come into effect immediately. Concentrations of Undertakings meeting standards shall be declared to the anti-monopoly law enforcement agency in advance. All operators participating in the concentration had a total global turnover of over 12 billion yuan in the previous fiscal year, and at least two of them had a turnover of over 800 million yuan in China in the previous fiscal year; All operators participating in the concentration had a total turnover of over 4 billion yuanRead More →
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