Chinese merger control law: an assessment of its competition-policy orientation after the first years of application
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Abschlussarbeit Buch |
Sprache: | English |
Veröffentlicht: |
Berlin [u.a.]
Springer
2015
|
Schriftenreihe: | Munich Studies on Innovation and Competition
2 |
Schlagworte: | |
Online-Zugang: | Inhaltstext Inhaltsverzeichnis |
Beschreibung: | XIX, 393 S. |
ISBN: | 3662438674 9783662438671 |
Internformat
MARC
LEADER | 00000nam a22000008cb4500 | ||
---|---|---|---|
001 | BV042102297 | ||
003 | DE-604 | ||
005 | 20150724 | ||
007 | t | ||
008 | 141002s2015 gw m||| 00||| eng d | ||
015 | |a 14,N24 |2 dnb | ||
016 | 7 | |a 1051800951 |2 DE-101 | |
020 | |a 3662438674 |9 3-662-43867-4 | ||
020 | |a 9783662438671 |c Gb. : ca. EUR 139.09 (DE) (freier Pr.), ca. EUR 142.99 (AT) (freier Pr.), ca. sfr 173.50 (freier Pr.) |9 978-3-662-43867-1 | ||
024 | 3 | |a 9783662438671 | |
028 | 5 | 2 | |a Best.-Nr.: 86369233 |
035 | |a (OCoLC)881387029 | ||
035 | |a (DE-599)DNB1051800951 | ||
040 | |a DE-604 |b ger |e rakddb | ||
041 | 0 | |a eng | |
044 | |a gw |c XA-DE-BE | ||
049 | |a DE-M382 |a DE-19 |a DE-703 |a DE-12 |a DE-20 | ||
082 | 0 | |a 343.510721 |2 22/ger | |
084 | |a PU 8450 |0 (DE-625)140717: |2 rvk | ||
084 | |a 340 |2 sdnb | ||
100 | 1 | |a Weinreich-Zhao, Tingting |d 1982- |e Verfasser |0 (DE-588)1065262884 |4 aut | |
245 | 1 | 0 | |a Chinese merger control law |b an assessment of its competition-policy orientation after the first years of application |c Tingting Weinreich-Zhao |
264 | 1 | |a Berlin [u.a.] |b Springer |c 2015 | |
300 | |a XIX, 393 S. | ||
336 | |b txt |2 rdacontent | ||
337 | |b n |2 rdamedia | ||
338 | |b nc |2 rdacarrier | ||
490 | 1 | |a Munich Studies on Innovation and Competition |v 2 | |
502 | |a Zugl.: München, Univ., Diss., 2014 | ||
650 | 0 | 7 | |a Industriepolitik |0 (DE-588)4026860-3 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Auslandsinvestition |0 (DE-588)4003772-1 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Rechtsprechung |0 (DE-588)4115710-2 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Fusionskontrolle |0 (DE-588)4071521-8 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Wettbewerbsrecht |0 (DE-588)4121924-7 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Wettbewerbspolitik |0 (DE-588)4065839-9 |2 gnd |9 rswk-swf |
651 | 7 | |a China |0 (DE-588)4009937-4 |2 gnd |9 rswk-swf | |
655 | 7 | |0 (DE-588)4113937-9 |a Hochschulschrift |2 gnd-content | |
689 | 0 | 0 | |a China |0 (DE-588)4009937-4 |D g |
689 | 0 | 1 | |a Fusionskontrolle |0 (DE-588)4071521-8 |D s |
689 | 0 | 2 | |a Wettbewerbspolitik |0 (DE-588)4065839-9 |D s |
689 | 0 | 3 | |a Industriepolitik |0 (DE-588)4026860-3 |D s |
689 | 0 | 4 | |a Auslandsinvestition |0 (DE-588)4003772-1 |D s |
689 | 0 | 5 | |a Wettbewerbsrecht |0 (DE-588)4121924-7 |D s |
689 | 0 | 6 | |a Rechtsprechung |0 (DE-588)4115710-2 |D s |
689 | 0 | |5 DE-604 | |
776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-3-662-43868-8 |
830 | 0 | |a Munich Studies on Innovation and Competition |v 2 |w (DE-604)BV042173338 |9 2 | |
856 | 4 | 2 | |m X:MVB |q text/html |u http://deposit.dnb.de/cgi-bin/dokserv?id=4682399&prov=M&dok_var=1&dok_ext=htm |3 Inhaltstext |
856 | 4 | 2 | |m SWB Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027542894&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
942 | 1 | 1 | |c 340.09 |e 22/bsb |f 090512 |g 51 |
942 | 1 | 1 | |c 330.09 |e 22/bsb |f 090512 |g 51 |
942 | 1 | 1 | |c 330.09 |e 22/bsb |f 090511 |g 51 |
942 | 1 | 1 | |c 340.09 |e 22/bsb |f 090511 |g 51 |
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-027542894 |
Datensatz im Suchindex
_version_ | 1809770421379137536 |
---|---|
adam_text |
CONTENTS
1 INTRODUCTION 1
2 ECONOMIC BACKGROUND OF COMPETITION POLICY IN CHINA 3
2.1 STATE OF DEVELOPMENT OF CHINESE ECONOMY 3
2.1.1 PLANNED ECONOMY UNTIL 1978 4
2.1.2 ECONOMIC REFORMS SINCE 1978 5
2.1.2.1 DUAL-TRACK SYSTEM 6
2.1.2.2 EMERGENCE OF TVES 6
2.1.2.3 COMMENCEMENT OF FOREIGN DIRECT INVESTMENT 7
2.1.2.4 ENDORSEMENT OF A SOCIALIST MARKET ECONOMY 8
2.1.3 ESTABLISHMENT OF A LEGAL FRAMEWORK FOR THE MARKET
ECONOMY 9
2.1.3.1 ENACTMENT OF BASIC ECONOMIC LAWS 9
2.1.3.2 RECOGNITION OF MARKET INTEGRATION AT CONSTITUTIONAL
LEVEL 10
2.1.4 IMPACT OF WTO ACCESSION 11
2.1.5 STATUS QUO OF ECONOMIC DEVELOPMENT 11
2.2 REFORM OF STATE-OWNED ENTERPRISES 12
2.2.1 PRIVATISATION OF SMALL AND MEDIUM-SIZED SOES 13
2.2.2 RESTRUCTURING OF RETAINED SOES 14
2.2.3 CORPORATISATION AND REGULATORY REFORM 15
2.2.4 REFORM OF INDUSTRY STRUCTURES: PUBLIC VS PRIVATE SECTOR 16
2.2.4.1 RETREATMENT FROM NONESSENTIAL SECTORS 17
2.2.4.1.1 STATE COUNCIL 2005 OPINIONS 17
2.2.4.1.2 STATE COUNCIL 2010 OPINIONS 17
2.2.4.2 CONCENTRATION IN STRATEGIC SECTORS AND FORMATION OF
NATIONAL CHAMPIONS 19
2.2.4.2.1 SASAC 2006 OPINION 19
2.2.4.2.2 SPECIFIC INDUSTRIES 21
2.2.5 CURRENT MARKET STRUCTURE 22
2.3 POLICIES ON FOREIGN DIRECT INVESTMENTS 24
2.3.1 REGULATION OF FDI 24
2.3.2 IMPORTANCE OF FOREIGN M&A IN CHINA 26
X
;I CONTENTS
2.3.3 MARKET DISTORTIONS BY FOREIGN M&A AND A CALL FOR A STRONGER
MARKET PROTECTION 27
2.4 SUMMARY 29
3 HISTORICAL DEVELOPMENT OF CHINESE MERGER CONTROL REGIME 31
3.1 DISCRIMINATORY MERGER REVIEW FRAMEWORK PRIOR TO THE ADOPTION
OF THE AML 31
3.1.1 LACK OF MERGER CONTROL FOR PURELY DOMESTIC TRANSACTIONS . 31
3.1.2 MERGER CONTROL REGIME UNDER THE M&A RULES 2006 AND
GUIDELINES 2007 32
3.1.2.1 SCOPE OF APPLICATION 34
3.1.2.1.1 LACK OF DEFINITION OF "ACQUISITION" 34
3.1.2.1.2 DIFFERENT CRITERIA AS NOTIFICATION
THRESHOLDS 35
3.1.2.2 PROCEDURAL ASPECTS 36
3.1.2.3 SUBSTANTIVE STANDARD 36
3.1.2.4 EXEMPTIONS FROM ANTITRUST REVIEW 37
3.1.2.5 NATIONAL SECURITY REVIEW 37
3.1.2.6 MERGER CONTROL ENFORCEMENT 37
3.2 FORMATION OF MERGER CONTROL REGIME UNDER THE AML 38
3.2.1 IMPETUS FOR ADOPTION OF THE AML 40
3.2.2 POLICY CONCERNS DELAYING ADOPTION OF THE AML 41
3.2.3 LEGISLATIVE AMENDMENTS 42
3.2.3.1 NOTIFICATION THRESHOLDS 43
3.2.3.2 SECTORAL APPLICATION 44
3.2.3.3 PROVISIONS COLOURED WITH INDUSTRIAL POLICY
CONSIDERATIONS 44
3.3 SUMMARY 45
4 INSTITUTIONAL FRAMEWORK FOR ENFORCEMENT OF THE AML 47
4.1 ESTABLISHMENT OF TWO-TIER ENFORCEMENT REGIME 47
4.2 ENFORCEMENT AGENCIES 50
4.2.1 AMC 50
4.2.2 MOFCOM AND ANTI-MONOPOLY BUREAU 51
4.2.3 LOCAL AUTHORITIES 53
4.3 SUMMARY 54
5 OBJECTIVES AND POLICY STANDARDS OF MERGER CONTROL AS EMBODIED
IN THE AML 55
5.1 MULTITUDE OF COMPETITION AND NON-COMPETITION GOALS IN
ARTICLE 1 AML 56
5.1.1 COMPETITION GOALS 57
5.1.1.1 FAIR MARKET COMPETITION 57
5.1.1.2 ECONOMIC EFFICIENCY 59
5.1.1.3 CONSUMER WELFARE 61
5.1.2 NON-COMPETITION GOALS 62
5.1.2.1 NOTION OF "SOCIAL PUBLIC INTEREST" AND "HEALTHY
DEVELOPMENT OF THE SOCIALIST MARKET ECONOMY" . 62
5.1.2.2 INCLUSION OF INDUSTRIAL POLICY 63
CONTENTS
5.1.2.2.1 PROMOTION OF FORMATION OF NATIONAL
CHAMPIONS 64
5.1.2.2.1.1 DRAFTING DOCUMENTS 65
5.1.2.2.1.2 ARTICLE 5 AML 66
5.1.2.2.1.3 ARTICLE 7 AML 66
5.1.2.2.1.4 MERGER CONTROL PROVISIONS . 67
5.1.2.2.2 PREVENTION OF FOREIGN TAKEOVERS OF
DOMESTIC ENTERPRISES 68
5.1.2.2.2.1 DRAFTING DOCUMENTS 68
5.1.2.2.2.2 SA1C 20O4 REPORT 69
5.1.2.2.2.3 MERGER CONTROL PROVISIONS. 70
5.1.2.2.2.4 NATIONAL SECURITY REVIEW . . . 71
5.2 REASONS FOR THE CONSIDERATION OF NON-COMPETITION CRITERIA 72
5.2.1 INTERNATIONAL COMPARISON 73
5.2.2 UNIQUE CHINESE CHARACTERISTICS 78
5.2.2.1 CONSTITUTIONAL CONSTRAINTS 78
5.2.2.1.1 SOCIALIST MARKET ECONOMY 78
5.2.2.1.2 SUPREMACY OF THE STATE SECTOR 79
5.2.2.2 HISTORICAL TRADITION OF GOVERNMENT INTERVENTION . 80
5.2.2.3 STAGE OF ECONOMIC DEVELOPMENT 81
5.3 LIMITS FOR THE CONSIDERATION OF INDUSTRIAL POLICY GOALS 84
5.3.1 RECONCILIATION WITH OTHER COMPETITION POLICY GOALS 84
5.3.2 NEED FOR COMPETITION IN HOME MARKETS 86
5.3.3 TRANSPARENCY AND LEGAL CERTAINTY 87
5.4 SUMMARY 88
OVERVIEW OF PUBLISHED DECISIONS 91
6.1 INBEV/AB 91
6.2 COCA-COLA/HUIYUAN 93
6.3 MITSUBISHI RAYON/LUCITE 95
6.4 GM/DELPHI 97
6.5 PFIZER/WYETH 99
6.6 PANASONIC/SANYO 100
6.7 NOVARTIS/ALCON 104
6.8 URALKALI/SILVINIT 105
6.9 ALPHA V/SAVIO 108
6.10 GE CHINA/SHENHUA 109
6.11 SEAGATE/SAMSUNG ILL
6.12 HENKEL HK/TIANDE 116
6.13 WESTERN DIGITAL/HITACHI 117
6.14 GOOGLE/MOTOROLA MOBILITY 120
6.15 UTC/GOODRICH 124
6.16 WAL-MART/YIHAODIAN 126
6.17 ARM/G&D/GEMALTO 127
6.18 GLENCORE/XSTRATA 129
6.19 MARUBENI/GAVILON 140
6.20 BAXTER/GAMBRO 143
6.21 MEDIATEK/MSTAR 146
6.22 SUMMARY 149
X
;
V
CONTENTS
7 SCOPE OF APPLICATION OF MERGER CONTROL LAW 151
7.1 BUSINESS OPERATORS 152
7.2 CONCENTRATION 152
7.2.1 ACQUISITION OF CONTROL 153
7.2.1.1 DEFINITION UNDER DRAFT NOTIFICATION RULES
MARCH 2008 154
7.2.1.2 DEFINITION UNDER DRAFT NOTIFICATION MEASURES
JANUARY 2009 155
7.2.1.3 POSSIBLE STANDARDS FOR DEFINITION 155
7.2.1.4 THE CASE OF MINORITY SHAREHOLDINGS 157
7.2.2 ACQUISITION OF DECISIVE INFLUENCE 158
7.2.3 JOINT VENTURES 159
7.2.3.1 GENERAL QUALIFICATION AS CONCENTRATION 159
7.2.3.2 SPECIFIC REQUIREMENTS FOR QUALIFICATION 160
7.2.4 FILING EXEMPTION FOR INTRA-GROUP REORGANISATIONS UNDER
ARTICLE 22 AML 161
7.3 NOTIFICATION THRESHOLDS AND DISCRETIONARY REVIEW POWER 161
7.3.1 TURNOVER THRESHOLDS UNDER NOTIFICATION THRESHOLDS
PROVISIONS 161
7.3.1.1 TURNOVER CRITERIA 162
7.3.1.2 LOCAL NEXUS BY REFERRING TO BUSINESS ACTIVITIES
OF AT LEAST TWO BUSINESS OPERATORS 162
7.3.1.3 EVIDENCE FOR INDUSTRIAL POLICY CONSIDERATION 164
7.3.2 CALCULATION OF TURNOVER 164
7.3.2.1 NOTION OF TURNOVER 165
7.3.2.2 TURNOVER OF AFFILIATED COMPANIES 165
7.3.2.2.1 GROUP-WIDE CALCULATION AS GENERAL RULE . 166
7.3.2.2.2 LIMITATION TO TARGET FOR CALCULATION OF
SELLER TURNOVER 166
7.3.2.3 AGGREGATION OF TRANSACTIONS 167
7.3.3 DISCRETIONARY POWER OF MOFCOM TO REVIEW TRANSACTIONS
UNDER THE NOTIFICATION THRESHOLDS 167
7.4 EXTRATERRITORIAL APPLICATION UNDER ARTICLE 2 AML 169
7.4.1 LACK OF SIGNIFICANCE TEST 170
7.4.2 OUTLOOK ON ENFORCEMENT ISSUES IN THE INTERNATIONAL CONTEXT. 171
7.5 SECTORAL APPLICATION 173
7.5.1 AGRICULTURAL SECTOR 174
7.5.2 STATE-OWNED INDUSTRIES 174
7.5.2.1 STATUTORY EXEMPTIONS 174
7.5.2.1.1 ARTICLE 7 AML 175
7.5.2.1.1.1 BUSINESS OPERATORS COVERED
BY ARTICLE 7 AML 175
7.5.2.1.1.2 IMPACT OF ARTICLE 7 AML. . . 177
7.5.2.1.1.2.1 EXEMPTION
FROM AML. . . 177
7.5.2.1.1.2.2 SPECIAL
JURISDICTION OF
REGULATORY
AGENCIES 180
CONTENTS XV
7.5.2.1.2 ARTICLE22AML 181
7.5.2.1.3 INDUSTRY RESTRUCTURING PLANS 183
7.5.2.1.4 STIPULATIONS CONFIRMING AML
APPLICATION 184
7.5.2.2 DE FACTO EXEMPTION 185
7.5.2.2.1 CHINA UNICOM/CHINA NETCOM 185
7.5.2.2.2 OTHER CASES 187
7.5.2.3 RECENT INCREASED ENFORCEMENT SCRUTINY
VIS-A-VIS SOES 189
7.6 SUMMARY 191
8 MERGER REVIEW PROCEDURE 193
8.1 SUSPENSION OBLIGATION 194
8.2 PRE-NOTIFICATION PROCEDURE 195
8.3 NOTIFICATION 196
8.3.1 TIME LIMITS 197
8.3.1.1 EARLIEST MOMENT FOR NOTIFICATION 197
8.3.1.2 DEADLINE FOR NOTIFICATION 199
8.3.2 NOTIFICATION PARTY 200
8.3.3 DOCUMENTS 200
8.3.3.1 WIDE-RANGING DOCUMENTATION INCLUDING
NON-COMPETITION-RELATED INFORMATION 201
8.3.3.2 FORMAL FILING REQUIREMENTS 203
8.3.3.3 PROTECTION OF CONFIDENTIALITY 203
8.3.4 ACCEPTANCE OF NOTIFICATION AND SUPPLEMENTARY REQUESTS 204
8.4 COURSE OF PROCEEDINGS 206
8.4.1 REVIEW PERIODS 207
8.4.1.1 HIGH PHASE II RATE 208
8.4.1.2 LACK OF "FAST TRACK" PROCEDURE 210
8.4.2 HEARINGS AND PARTIES' RIGHT OF DEFENCE 210
8.4.3 CONSULTATION OF THIRD PARTIES 212
8.5 PUBLICATION OF DECISIONS 216
8.5.1 SCOPE OF PUBLICATION 216
8.5.2 TYPES OF DECISIONS PUBLISHED 218
8.6 INVESTIGATION OF SUSPICIOUS MERGERS AND INVESTIGATION POWERS OF
MOFCOM 220
8.6.1 REPORT OF SUSPICIOUS MERGERS 221
8.6.2 COURSE OF PROCEEDINGS AND MOFCOM'S INVESTIGATION POWERS . 221
8.6.3 SANCTIONS 223
8.6.4 ENFORCEMENT AGAINST SOES 224
8.7 SUMMARY 226
9 SUBSTANTIVE MERGER CONTROL TEST 229
9.1 RELEVANT MARKET 230
9.1.1 PRODUCT MARKET 231
9.1.1.1 SUBSTITUTABILITY TEST 231
9.1.1.2 HYPOTHETICAL MONOPOLIST TEST 237
9.1.2 GEOGRAPHIC MARKET 239
9.2 PROHIBITION STANDARD IN ARTICLE 28 SENTENCE 1 AML 242
9.2.1 FACTORS TO BE CONSIDERED BY MOFCOM UNDER
ARTICLE 27 AML 244
CONTENTS
9.2.1.1 PARTIES' MARKET SHARES AND ABILITY TO CONTROL
THE MARKETS 245
9.2.1.2 DEGREE OF CONCENTRATION IN RELEVANT MARKET 251
9.2.1.3 INFLUENCE ON MARKET ACCESS AND TECHNOLOGICAL
PROGRESS 253
9.2.1.4 INFLUENCE ON CONSUMERS AND OTHER BUSINESS
OPERATORS 255
9.2.1.4.1 PROTECTION OF CONSUMER WELFARE 255
9.2.1.4.2 INFLUENCE ON OTHER BUSINESS OPERATORS . . . 255
9.2.1.5 INFLUENCE ON NATIONAL ECONOMIC DEVELOPMENT 258
9.2.1.6 DISCRETIONARY POWER OF MOFCOM TO CONSIDER
ADDITIONAL FACTORS 259
9.2.1.6.1 IMPACT OF BRANDING 259
9.2.1.6.2 OTHER ADDITIONAL FACTORS 260
9.2.1.6.2.1 EFFICIENCY DEFENCE 260
9.2.1.6.2.2 FAILING FIRM DEFENCE 261
9.2.2 LACK OF REQUIREMENT OF "SUBSTANTIAL" ANTICOMPETITIVE
EFFECTS UNDER ARTICLE 28 AML 262
9.2.3 THEORIES OF HARM APPLIED BY MOFCOM 263
9.2.3.1 HORIZONTAL CONCENTRATIONS 264
9.2.3.1.1 UNILATERAL EFFECTS 264
9.2.3.1.1.1 MITSUBISHI RAYON/LUCITE. 264
9.2.3.1.1.2 PFIZER/WYETH 265
9.2.3.1.1.3 PANASONIC/SANYO 266
9.2.3.1.1.4 NOVARTIS/ALCON 266
9.2.3.1.1.5 URALKALI/SILVINIT 267
9.2.3.1.1.6 ALPHA V/SAVIO 268
9.2.3.1.1.7 UTC/GOODRICH 269
9.2.3.1.1.8 GLENCORE/XSTRATA 269
9.2.3.1.1.9 MARUBENI/GAVILON 270
9.2.3.1.1.10 BAXTER/GAMBRO 271
9.2.3.1.1.11 MEDIATEK/MSTAR 271
9.2.3.1.1.12 EVALUATION 272
9.2.3.1.2 COORDINATED EFFECTS 272
9.2.3.1.2.1 NOVARTIS/ALCON 273
9.2.3.1.2.2 URALKALI/SILVINIT 273
9.2.3.1.2.3 ALPHA V/SAVIO 274
9.2.3.1.2.4 SEAGATE/SAMSUNG 274
9.2.3.1.2.5 WESTERN DIGITAL/HITACHI. . 275
9.2.3.1.2.6 BAXTER/GAMBRO 275
9.2.3.1.2.7 EVALUATION 276
9.2.3.2 VERTICAL CONCENTRATIONS 277
9.2.3.2.1 MITSUBISHI RAYON/LUCITE 277
9.2.3.2.2 GM/DELPHI 277
9.2.3.2.3 GE CHINA/SHENHUA 280
9.2.3.2.4 HENKEL HK/TIANDE 280
9.2.3.2.5 GOOGLE/MOTOROLA MOBILITY 281
9.2.3.2.6 ARM/G&D/GEMALTO 284
9.2.3.2.7 GLENCORE/XSTRATA 285
CONTENTS
9.2.3.2.8 MARUBENI/GAVILON 285
9.2.3.2.9 EVALUATION 286
9.2.3.3 CONGLOMERATE CONCENTRATIONS 286
9.2.3.3.1 RELATED MARKETS 287
9.2.3.3.2 ASSESSMENT OF EFFECTS IN
COCA-COLA/HUIYUAN 288
9.2.3.3.2.1 GENERAL CONSISTENCY WITH
INTERNATIONAL PRECEDENTS . 288
9.2.3.3.2.1.1 EUROPEAN
COMMISSION'S
ASSESSMENT OF
CONGLOMERATE
CASES 288
9.2.3.3.2.1.2 ACCC'S
ASSESSMENT OF
CCA/BERRI. . . 291
9.2.3.3.2.2 LIKELIHOOD OF THE OCCURRENCE
OF ANTICOMPETITIVE EFFECTS . . . 293
9.2.3.3.2.3 JUSTIFICATION OF THE
PROHIBITION 295
9.2.3.3.3 ASSESSMENT OF EFFECTS IN
WAL-MART/YIHAODIAN 296
9.2.3.3.4 EVALUATION 297
9.2.4 RELATION BETWEEN COMPETITION-BASED TEST UNDER
ARTICLE 28 AML AND NON-COMPETITION-RELATED FACTORS
UNDER ARTICLE 27 (5) AML 298
9.2.4.1 COCA-COLA/HUIYUAN 298
9.2.4.1.1 ACCUSATIONS OF INDUSTRIAL POLICY
UNDERPINNING 299
9.2.4.1.2 ARGUMENTS IN FAVOUR OF A
COMPETITION-BASED APPROACH 301
9.2.4.1.3 FOREIGN ACQUISITIONS SUBSEQUENT
TO COCA-COLA/HUIYUAN 305
9.2.4.1.3.1 DIAGEO/QUANXING
(SHUI JING FANG) 305
9.2.4.1.3.2 NESTLE/YINLU 306
9.2.4.1.3.3 YUM!/LITTLE SHEEP 307
9.2.4.1.3.4 NESTLE/HSU FU CHI 308
9.2.4.2 INBEV/AB 308
9.2.4.3 TRANSACTIONS INVOLVING STRATEGICALLY IMPORTANT
COMMODITIES FOR CHINESE MARKET: URALKALI/SILVINIT,
GLENCORE/XSTRATA, AND MARUBENI/GAVILON 310
9.2.4.4 EVALUATION 313
9.3 IMPOSING RESTRICTIVE CONDITIONS UNDER ARTICLE 29 AML 313
9.3.1 SUBMISSION OF REMEDIES BY MERGING PARTIES 314
9.3.2 STANDARD FOR IMPOSING OF RESTRICTIVE CONDITIONS 315
9.3.3 TYPES OF RESTRICTIVE CONDITIONS 316
9.3.3.1 MOFCOM'S CHOICE 317
9.3.3.2 DIVESTITURE MEASURES 319
KVLLX
CONTENTS
9.3.3.2.1 MITSUBISHI RAYON/LUC ITE 321
9.3.3.2.2 PNZER/WYETH 322
9.3.3.2.3 PANASONIC/SANYO 323
9.3.3.2.4 ALPHA V/SAVIO 323
9.3.3.2.5 WESTERN DIGITAL/HITACHI 324
9.3.3.2.6 UTC/GOODRICH 324
9.3.3.2.7 GLENCORE/XSTRATA 324
9.3.3.2.8 BAXTER/GAMBRO 325
9.3.3.2.9 EVALUATION 325
9.3.3.3 BEHAVIOURAL REMEDIES 325
9.3.3.3.1 RESTRICTIONS ON FUTURE ACQUISITIONS OR
INVESTMENTS IN CHINA 326
9.3.3.3.1.1 INBEV/AB 326
9.3.3.3.1.2 MITSUBISHI RAYON/LUCITE. 328
9.3.3.3.2 RESTRICTIONS ON FUTURE BUSINESS SCOPE:
WAL-MART/YIHAODIAN 330
9.3.3.3.3 NONDISCRIMINATION AND ANTI-RETALIATION
PROVISIONS 331
9.3.3.3.3.1 GM/DELPHI 331
9.3.3.3.3.2 GE CHINA/SHENHUA 331
9.3.3.3.3.3 HENKEL HK/TIANDE 331
9.3.3.3.3.4 GOOGLE/MOTOROLA MOBILITY. 331
9.3.3.3.3.5 ARM/G&D/GEMALTO 332
9.3.3.3.4 MAINTENANCE OF STATUS QUO OF SUPPLY
TO CHINA 333
9.3.3.3.4.1 URALKALI/SILVINIT 333
9.3.3.3.4.2 GLENCORE/XSTRATA 334
9.3.3.3.5 ABANDONMENT OF BUSINESS STRATEGIES:
NOVARTIS/ALCON 334
9.3.3.3.6 HOLD-SEPARATE OBLIGATIONS 336
9.3.3.3.6.1 SEAGATE/SAMSUNG 336
9.3.3.3.6.2 WESTERN DIGITAL/HITACHI. . 336
9.3.3.3.6.3 MARUBENI/GAVILON 337
9.3.3.3.6.4 MEDIATEK/MSTAR 337
9.3.3.3.7 ANCILLARY REMEDIES 338
9.3.3.3.8 REVIEW OF REMEDIES 339
9.3.3.3.9 EVALUATION 340
9.4 EXEMPTION FROM PROHIBITION UNDER ARTICLE 28 SENTENCE 2 AML 341
9.4.1 POSITIVE EFFECTS ON COMPETITION SIGNIFICANTLY OVERWEIGH
NEGATIVE EFFECTS 341
9.4.2 CONCENTRATION IS IN PUBLIC INTEREST 343
9.4.2.1 NOTION OF PUBLIC INTEREST 343
9.4.2.2 IMPACT OF PROVISION 344
9.5 SUMMARY 346
10 OUTLOOK ON JUDICIAL ENFORCEMENT OF MERGER CONTROL LAW 347
10.1 JUDICIAL REVIEW OF MERGER CONTROL DECISIONS 347
10.1.1 ADMINISTRATIVE RECONSIDERATION BY MOFCOM 348
10.1.2 ADMINISTRATIVE COURT ACTION 349
10.1.3 THIRD PARTY CHALLENGE 351
CONTENTS XIX
10.2 PRIVATE ENFORCEMENT OF MERGER CONTROL 352
10.3 SUMMARY 353
11 CONCLUSION 355
APPENDIX: TABLE OF CHINESE LEGAL DOCUMENTS 357
BIBLIOGRAPHY 369 |
any_adam_object | 1 |
author | Weinreich-Zhao, Tingting 1982- |
author_GND | (DE-588)1065262884 |
author_facet | Weinreich-Zhao, Tingting 1982- |
author_role | aut |
author_sort | Weinreich-Zhao, Tingting 1982- |
author_variant | t w z twz |
building | Verbundindex |
bvnumber | BV042102297 |
classification_rvk | PU 8450 |
ctrlnum | (OCoLC)881387029 (DE-599)DNB1051800951 |
dewey-full | 343.510721 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 343 - Military, tax, trade & industrial law |
dewey-raw | 343.510721 |
dewey-search | 343.510721 |
dewey-sort | 3343.510721 |
dewey-tens | 340 - Law |
discipline | Rechtswissenschaft |
format | Thesis Book |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a22000008cb4500</leader><controlfield tag="001">BV042102297</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20150724</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">141002s2015 gw m||| 00||| eng d</controlfield><datafield tag="015" ind1=" " ind2=" "><subfield code="a">14,N24</subfield><subfield code="2">dnb</subfield></datafield><datafield tag="016" ind1="7" ind2=" "><subfield code="a">1051800951</subfield><subfield code="2">DE-101</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">3662438674</subfield><subfield code="9">3-662-43867-4</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9783662438671</subfield><subfield code="c">Gb. : ca. EUR 139.09 (DE) (freier Pr.), ca. EUR 142.99 (AT) (freier Pr.), ca. sfr 173.50 (freier Pr.)</subfield><subfield code="9">978-3-662-43867-1</subfield></datafield><datafield tag="024" ind1="3" ind2=" "><subfield code="a">9783662438671</subfield></datafield><datafield tag="028" ind1="5" ind2="2"><subfield code="a">Best.-Nr.: 86369233</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)881387029</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)DNB1051800951</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakddb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">gw</subfield><subfield code="c">XA-DE-BE</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-M382</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-12</subfield><subfield code="a">DE-20</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">343.510721</subfield><subfield code="2">22/ger</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">PU 8450</subfield><subfield code="0">(DE-625)140717:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">340</subfield><subfield code="2">sdnb</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Weinreich-Zhao, Tingting</subfield><subfield code="d">1982-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1065262884</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Chinese merger control law</subfield><subfield code="b">an assessment of its competition-policy orientation after the first years of application</subfield><subfield code="c">Tingting Weinreich-Zhao</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Berlin [u.a.]</subfield><subfield code="b">Springer</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XIX, 393 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Munich Studies on Innovation and Competition</subfield><subfield code="v">2</subfield></datafield><datafield tag="502" ind1=" " ind2=" "><subfield code="a">Zugl.: München, Univ., Diss., 2014</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Industriepolitik</subfield><subfield code="0">(DE-588)4026860-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Auslandsinvestition</subfield><subfield code="0">(DE-588)4003772-1</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Rechtsprechung</subfield><subfield code="0">(DE-588)4115710-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Fusionskontrolle</subfield><subfield code="0">(DE-588)4071521-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wettbewerbsrecht</subfield><subfield code="0">(DE-588)4121924-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wettbewerbspolitik</subfield><subfield code="0">(DE-588)4065839-9</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">China</subfield><subfield code="0">(DE-588)4009937-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4113937-9</subfield><subfield code="a">Hochschulschrift</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">China</subfield><subfield code="0">(DE-588)4009937-4</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Fusionskontrolle</subfield><subfield code="0">(DE-588)4071521-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Wettbewerbspolitik</subfield><subfield code="0">(DE-588)4065839-9</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="3"><subfield code="a">Industriepolitik</subfield><subfield code="0">(DE-588)4026860-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="4"><subfield code="a">Auslandsinvestition</subfield><subfield code="0">(DE-588)4003772-1</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="5"><subfield code="a">Wettbewerbsrecht</subfield><subfield code="0">(DE-588)4121924-7</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="6"><subfield code="a">Rechtsprechung</subfield><subfield code="0">(DE-588)4115710-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-3-662-43868-8</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">Munich Studies on Innovation and Competition</subfield><subfield code="v">2</subfield><subfield code="w">(DE-604)BV042173338</subfield><subfield code="9">2</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">X:MVB</subfield><subfield code="q">text/html</subfield><subfield code="u">http://deposit.dnb.de/cgi-bin/dokserv?id=4682399&prov=M&dok_var=1&dok_ext=htm</subfield><subfield code="3">Inhaltstext</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">SWB Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027542894&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="942" ind1="1" ind2="1"><subfield code="c">340.09</subfield><subfield code="e">22/bsb</subfield><subfield code="f">090512</subfield><subfield code="g">51</subfield></datafield><datafield tag="942" ind1="1" ind2="1"><subfield code="c">330.09</subfield><subfield code="e">22/bsb</subfield><subfield code="f">090512</subfield><subfield code="g">51</subfield></datafield><datafield tag="942" ind1="1" ind2="1"><subfield code="c">330.09</subfield><subfield code="e">22/bsb</subfield><subfield code="f">090511</subfield><subfield code="g">51</subfield></datafield><datafield tag="942" ind1="1" ind2="1"><subfield code="c">340.09</subfield><subfield code="e">22/bsb</subfield><subfield code="f">090511</subfield><subfield code="g">51</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-027542894</subfield></datafield></record></collection> |
genre | (DE-588)4113937-9 Hochschulschrift gnd-content |
genre_facet | Hochschulschrift |
geographic | China (DE-588)4009937-4 gnd |
geographic_facet | China |
id | DE-604.BV042102297 |
illustrated | Not Illustrated |
indexdate | 2024-09-10T01:26:09Z |
institution | BVB |
isbn | 3662438674 9783662438671 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027542894 |
oclc_num | 881387029 |
open_access_boolean | |
owner | DE-M382 DE-19 DE-BY-UBM DE-703 DE-12 DE-20 |
owner_facet | DE-M382 DE-19 DE-BY-UBM DE-703 DE-12 DE-20 |
physical | XIX, 393 S. |
publishDate | 2015 |
publishDateSearch | 2015 |
publishDateSort | 2015 |
publisher | Springer |
record_format | marc |
series | Munich Studies on Innovation and Competition |
series2 | Munich Studies on Innovation and Competition |
spelling | Weinreich-Zhao, Tingting 1982- Verfasser (DE-588)1065262884 aut Chinese merger control law an assessment of its competition-policy orientation after the first years of application Tingting Weinreich-Zhao Berlin [u.a.] Springer 2015 XIX, 393 S. txt rdacontent n rdamedia nc rdacarrier Munich Studies on Innovation and Competition 2 Zugl.: München, Univ., Diss., 2014 Industriepolitik (DE-588)4026860-3 gnd rswk-swf Auslandsinvestition (DE-588)4003772-1 gnd rswk-swf Rechtsprechung (DE-588)4115710-2 gnd rswk-swf Fusionskontrolle (DE-588)4071521-8 gnd rswk-swf Wettbewerbsrecht (DE-588)4121924-7 gnd rswk-swf Wettbewerbspolitik (DE-588)4065839-9 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content China (DE-588)4009937-4 g Fusionskontrolle (DE-588)4071521-8 s Wettbewerbspolitik (DE-588)4065839-9 s Industriepolitik (DE-588)4026860-3 s Auslandsinvestition (DE-588)4003772-1 s Wettbewerbsrecht (DE-588)4121924-7 s Rechtsprechung (DE-588)4115710-2 s DE-604 Erscheint auch als Online-Ausgabe 978-3-662-43868-8 Munich Studies on Innovation and Competition 2 (DE-604)BV042173338 2 X:MVB text/html http://deposit.dnb.de/cgi-bin/dokserv?id=4682399&prov=M&dok_var=1&dok_ext=htm Inhaltstext SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027542894&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Weinreich-Zhao, Tingting 1982- Chinese merger control law an assessment of its competition-policy orientation after the first years of application Munich Studies on Innovation and Competition Industriepolitik (DE-588)4026860-3 gnd Auslandsinvestition (DE-588)4003772-1 gnd Rechtsprechung (DE-588)4115710-2 gnd Fusionskontrolle (DE-588)4071521-8 gnd Wettbewerbsrecht (DE-588)4121924-7 gnd Wettbewerbspolitik (DE-588)4065839-9 gnd |
subject_GND | (DE-588)4026860-3 (DE-588)4003772-1 (DE-588)4115710-2 (DE-588)4071521-8 (DE-588)4121924-7 (DE-588)4065839-9 (DE-588)4009937-4 (DE-588)4113937-9 |
title | Chinese merger control law an assessment of its competition-policy orientation after the first years of application |
title_auth | Chinese merger control law an assessment of its competition-policy orientation after the first years of application |
title_exact_search | Chinese merger control law an assessment of its competition-policy orientation after the first years of application |
title_full | Chinese merger control law an assessment of its competition-policy orientation after the first years of application Tingting Weinreich-Zhao |
title_fullStr | Chinese merger control law an assessment of its competition-policy orientation after the first years of application Tingting Weinreich-Zhao |
title_full_unstemmed | Chinese merger control law an assessment of its competition-policy orientation after the first years of application Tingting Weinreich-Zhao |
title_short | Chinese merger control law |
title_sort | chinese merger control law an assessment of its competition policy orientation after the first years of application |
title_sub | an assessment of its competition-policy orientation after the first years of application |
topic | Industriepolitik (DE-588)4026860-3 gnd Auslandsinvestition (DE-588)4003772-1 gnd Rechtsprechung (DE-588)4115710-2 gnd Fusionskontrolle (DE-588)4071521-8 gnd Wettbewerbsrecht (DE-588)4121924-7 gnd Wettbewerbspolitik (DE-588)4065839-9 gnd |
topic_facet | Industriepolitik Auslandsinvestition Rechtsprechung Fusionskontrolle Wettbewerbsrecht Wettbewerbspolitik China Hochschulschrift |
url | http://deposit.dnb.de/cgi-bin/dokserv?id=4682399&prov=M&dok_var=1&dok_ext=htm http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027542894&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV042173338 |
work_keys_str_mv | AT weinreichzhaotingting chinesemergercontrollawanassessmentofitscompetitionpolicyorientationafterthefirstyearsofapplication |