ChinaFIG - Exemption from Examination Relating to Large Transactions – Monopolies, Article 54, Order #10
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Exemption from Examination Relating to Large Transactions – Monopolies, Article 54, Order #10
In the event a transaction has the any of the following elements listed below, any of the involved parties my may petition the Ministry of Finance (MOFCOM) and the State Administration of Industry and Commerce (SAIC), to be deemed exempt from examination:
1. the result will improve the competitive market place;
2. the result will reorganize/restructure an unprofitable business and retain employees;
3. the result will inject advanced technology, improved administrative personnel and position the business to more effectively complete internationally;
4. the result will be beneficial for the environment.
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