[Download] "Tripartite Convergence for Certainty in Merger Review Under China's Anti-Monopoly Law." by Suffolk Transnational Law Review # Book PDF Kindle ePub Free
eBook details
- Title: Tripartite Convergence for Certainty in Merger Review Under China's Anti-Monopoly Law.
- Author : Suffolk Transnational Law Review
- Release Date : January 22, 2010
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 332 KB
Description
I. INTRODUCTION China's implementation and application of its Anti-Monopoly Law (AML) has greatly affected transnational mergers, but a shroud of uncertainty leaves foreign investors questioning the review and success of prospective deals. (1) Numerous government agencies apply their antitrust laws to foreign corporations, sometimes triggering complicated reviews of international business deals in multiple jurisdictions, uncertain enforcement outcomes, and conflicts over nations' competition policies. (2) Policy-makers have increased efforts to converge their nations' laws and apply international best practices to counter these inefficiencies. (3) The People's Republic of China enacted its AML in August 2008, producing the latest addition to the global antitrust landscape and presenting a unique challenge to the theory of convergence in international antitrust, particularly regarding merger reviews. (4) The international community generally welcomed the AML with cautious optimism, but over one year later, the same concerns remain with the uncertainty surrounding the law's application. (5)