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China to improve its merger control mechanism, combat data monopoly to bolster fair competition

( April 11, 2022, 03:10 GMT | Official Statement) -- MLex Summary: The Chinese government will introduce a better antitrust review mechanism in which mergers and acquisitions are classified into different categories and assigned to reviewing authorities at different levels, according to a series of measures published late yesterday by the State Council, which aim to accelerate the building of a unified national market, featuring high levels of fair competition, efficiency and openness. Among other measures, the government also pledged to break data monopoly and prevent online platform companies from using data, algorithms, or other technical means to restrict competition.The full text of the measures follows:...

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