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Shanghai's merger-review mechanism likely to be limited to Lingang area

By MLex Staff ( July 29, 2021, 05:21 GMT | Insight) -- Shanghai’s local merger-review mechanism, which is a trial project to allow local assessments of mergers, is likely to be limited to companies in the city's Lingang area, because the regulator prefers to take a more cautious approach to the project, MLex has learned. It had been widely discussed within the legal community whether the program could be expanded to other areas of the city or even the Yangtze River Delta.Shanghai’s local merger-review mechanism, which is a trial project to allow local assessments of mergers, is likely to be limited to companies in the city's Lingang area, because the regulator prefers to take a more cautious approach to the project, MLex has learned....

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