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This article examines the likely role of competition in the regulatory analysis of bank mergers in China. Despite financial reforms, the banking sector remains subject to a complex web of financial regulation, with industrial policy favouring stability to facilitate national economic...
Persistent link: https://www.econbiz.de/10013240719
China is a major global economy. Its size and nature ensure that it has a very significant impact on world markets. Competition law worldwide regulates mergers and acquisitions based on the assumption that the aggregation of businesses may inhibit competition, with structural change often making...
Persistent link: https://www.econbiz.de/10013240721
This research project compares the application of the competition laws of China and Australia to bank mergers, against financial regulatory frameworks and the dual objectives of competition and economic stability. As the title indicates, it seeks to identify lessons for Australian banks and...
Persistent link: https://www.econbiz.de/10012855960
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The enactment of a competition law in China in 2007 was a notable achievement in a number of respects. The process of lawmaking was lengthy: consultations were numerous and the approach changed many times. The Anti Monopoly Law (AML), operative 1 August 2008, prohibits monopoly conduct, which it...
Persistent link: https://www.econbiz.de/10014092932
This article investigates the role of conditions or remedies in Chinese merger approvals, drawing conclusions about their use and suitability. The article begins by mapping the changing approach to merger remedies by competition regulators in other major jurisdictions such as the EU, US and...
Persistent link: https://www.econbiz.de/10014093040
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