On July 15, 2022, China’s antitrust authority SAMR announced a three-year pilot program beginning August 1, 2022 to delegate the review of certain simplified-procedure merger filings that the agency currently handles on its own, to five of its local branches (“AMRs”) in Beijing, Shanghai, Guangdong, Chongqing, and Shaanxi. Each of the five local AMRs will be responsible for a specific geographic area (“Territory”) within China. This article discusses this first step to implement China’s “categorized and classified” merger control review regime under the new Anti-Monopoly Law.
Authors: Cunzhen Huang and Yiming Sun, Cleary Gottlieb Steen & Hamilton LLP
This article was originally published on the website of Cleary Gottlieb Steen & Hamilton LLP on July 25, 2022.