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China publishes three unconditionally approved, non-simplified merger-review cases

( December 4, 2025, 05:46 GMT | Official Statement) -- MLex Summary: China’s market regulator on Thursday published three unconditionally approved, non-simplified merger-review case studies to guide companies in improving the quality and efficiency of merger notifications. According to the State Administration for Market Regulation, the cases cover a horizontal deal in industrial gases, a vertical acquisition in pharmacy retail and wholesale, and a transaction with both horizontal and vertical links in recycled steel and crude steel. They illustrate the evidence and competitive-assessment principles companies can expect in non-simplified reviews, highlighting the push for merger control that is more transparent, predictable and supportive of compliant dealmaking.The statement follows:...

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