Authored by Dr. Zhan Hao (firstname.lastname@example.org), Dr. Song Ying (email@example.com)
"We will disclose the approved cases without any condition by quarterly summary hereafter. In the current stage, disclosed information is only limited to case name and concentration parties. Whether additional information would be disclosed later is still under discussion.” This statement is from briefing of Mr. Shang Ming, the Director General of MOFCOM on “anti-monopoly work progress in 2012” on the press conference held on 27th Dec, 2012.
Indeed, MOFCOM kept its promise. In the very beginning of 2013, MOFCOM just disclosed all unconditional approved concentration cases in the fourth quarter of 2012, which signifies to some extent that MOFCOM’s work on information disclose in antitrust enforcement has being continuously shaped.
According to the first disclosure of MOFCOM Anti-monopoly Bureau in 2013, 59 unconditional approvals on concentration cases have been issued by MOFCOM in the fourth quarter of 2012. Besides, the following information could be observed:
i. Apart from the case name and concentration parties, MOFCOM additionally disclosed the closing time for each case, which is a development from the disclosure on 16th Nov, 2012;
ii. Among the 59 unconditional approvals in the fourth quarter of 2012, MOFCOM closed 10 concentration cases in October, 15 concentration cases in November and 34 concentration cases in December;
iii. 24 out of 59 concentration cases took the concentration method of establishing Joint Venture, which accounted for more than 40% of all unconditional approvals in the last quarter of 2012.