buyers-navigate-chinas-new-antimonopoly-law

Buyers navigate ChinaÆs new anti-monopoly law

The new law comes at a time when several other regulations relating to mergers have been passed, so it is important to seek legal advice when conducting business with China.
If youÆre thinking about competition in China, you should be watching Coca-ColaÆs $2.4 billion offer for Huiyuan Juice. The American companyÆs second-largest acquisition in its more than 100-year history will test ChinaÆs new anti-monopoly law, which came into effect in August. As the first foreign company to buy a national champion under the new regulation, it is worth following its footsteps.

ôThe recently announced proposed acquisition by Coca-Cola of Huiyuan will be the first major test of how the new law will be implemented,ö says Campbell Davidson, a corporateMA partner in Allens Arthur RobinsonÆs Shanghai office. ôThis would be the largest foreign acquisition of a Chinese company and an acquisition of a company...
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