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China's SAMR reports decline in merger notifications, maintains high efficiency

( December 6, 2024, 06:35 GMT | Official Statement) -- MLex Summary: China's State Administration for Market Regulation received 580 merger notifications in the first 10 months since raising notification thresholds in January, marking a 17.4 percent drop compared to the same period last year, according to a statement issued by SAMR's official WeChat account. The average review time was 26.6 days, with simplified cases taking 17.5 days, including a 10-day public comment period. This positions SAMR's efficiency among the top global antitrust regulators.The statement follows:...

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