经营者集中反垄断审查效能持续提升

Group 1 - The State Administration for Market Regulation (SAMR) has officially commissioned five provincial market regulatory departments to conduct antitrust reviews of certain business concentrations, aiming to enhance the efficiency of the review process from August 1, 2022, to July 31, 2025 [1] - Over the past three years, the pilot program has achieved significant results, with 1,288 cases commissioned for review, accounting for 54% of the total submissions received by SAMR, and the total transaction value exceeding 3 trillion yuan [1] - The average acceptance and conclusion times for cases this year were 14.7 days and 17.9 days, respectively, with an overall review time of only 32.6 days, placing the efficiency among the top in major global jurisdictions [1] Group 2 - The innovative smart regulatory model has played a crucial role in enhancing review efficiency, with a fully online system for handling business concentration antitrust reviews, facilitating the submission process and improving service for enterprises [2] - The system allows enterprises to understand antitrust laws during the submission phase, track the progress of their cases in real-time, and receive notifications of review decisions via SMS [2] - The system also includes a searchable list of unconditional approval cases and simplified case public information, covering over 6,000 unconditional approval cases and 1,800 simplified cases since the system's launch [2] Group 3 - SAMR has strictly reviewed business concentration cases that may restrict competition, approving 10 cases with conditions and raising competition concerns in 15 cases, effectively maintaining fair competition in key sectors such as semiconductors, shipping, agriculture, aviation, and pharmaceuticals [3] - The agency has publicly penalized 38 cases of illegal business concentration and closely monitored the execution of 37 conditional approval cases [3] - SAMR has revised the standards for business concentration submissions, significantly increasing the submission threshold and reducing transaction costs for enterprises, with an estimated 15% to 20% of small mergers no longer requiring submission [3]