市场监管总局发布《经营者集中申报规范》：服务企业高效申报，助力企业投资并购

Core Viewpoint - The release of the "Regulations on the Declaration of Concentration of Operators" by the State Administration for Market Regulation aims to streamline and clarify the antitrust declaration process for companies, enhancing efficiency in investment and merger transactions [1][2]. Group 1: Declaration Requirements - The "Regulations" specify the conditions under which companies must declare concentration, including scenarios that constitute concentration, thresholds set by the State Council, and exemptions from declaration [1]. - It outlines the specific documents and materials that companies must submit during the declaration process, including the main content of the declaration form and requirements for simplified cases, thereby improving the accuracy and efficiency of submissions [1]. - The "Regulations" provide clear guidance on how to prepare and submit declaration documents, as well as the review process after submission, offering predictability for companies [1]. Group 2: Impact on the Market - The introduction of the "Regulations" enhances the antitrust review system for concentration, fostering a transparent and predictable environment for corporate investments and mergers [2]. - It serves as a "one-stop" guide for companies, which is expected to improve the quality and efficiency of declarations, facilitating quicker completion of mergers and promoting investment development [2]. - The "Regulations" contribute to the standardization and digitalization of market regulation, reinforcing the foundation for sustained economic recovery [2].