Group 1 - The core viewpoint of the announcement is the transition from a pilot program to a formalized system for antitrust review of business concentrations, effective from August 1 [1][2] - The State Administration for Market Regulation (SAMR) has conducted a pilot program since August 1, 2022, which involved delegating the review of business concentration cases to provincial market regulation departments, resulting in 1,288 cases being reviewed, accounting for 54% of all cases during this period, with a total transaction value exceeding 3 trillion yuan [1] - The pilot program has shown significant effectiveness, with improved review efficiency, enhanced regulatory capacity, and a stronger compliance atmosphere, achieving the intended goals of the delegated review system [1][2] Group 2 - The formalization of the pilot program into a regularized system aims to enhance the classification and tiered review of business concentrations, further improving the effectiveness of antitrust reviews [2] - This initiative is expected to better maintain fair competition in the market, stimulate the vitality of business entities, and create a more equitable and dynamic market environment [2] - SAMR will continue to strengthen supervision and guidance over the delegated provincial market regulation departments to ensure that the review process remains unified, standardized, and efficient [2]
市场监管总局:将试点委托转为正式委托开展部分经营者集中反垄断审查
Yang Shi Xin Wen·2025-07-31 10:48