Sidley’s antitrust team in China helps clients obtain merger clearance approvals in high-profile, complex M&A and joint venture projects from the P.R.C. Ministry of Commerce (MOFCOM).
Our antitrust team has the ability to help clients structure deals to minimize their legal risks, prepare merger clearance filings, communicate with MOFCOM and negotiate with MOFCOM. Sidley’s antitrust team has handled both M&A and joint venture projects in China, as well as cross-border matters subject to Chinese merger clearance requirements under the AML.
Sidley’s clients also consult our antitrust team in China on antitrust compliance in relation to a wide range of commercial activities in China, particularly pricing strategies, distribution arrangements and sales and promotion (including co-promotion) agreements. Our antitrust team has also advised clients on establishing internal control systems to mitigate antitrust exposures in commercial arrangements with other companies, and preparing response plans to inquiries or investigations of AML enforcement agencies.
Sidley’s antitrust practice in China has greatly benefited from its close working relationship with AML regulatory authorities in China, particularly MOFCOM. Of particular note, Sidley has represented MOFCOM in the first-ever U.S. federal antitrust litigation against Chinese companies. Our close working relationship with the authorities has ensured that our antitrust advice is consistent with the most up-to-date and authoritative interpretations of the AML and relevant regulations.
Coupled with our extensive regulatory knowledge in the key industries in China, our antitrust advice is valued by our clients for its practicality and adherence to industry practices.