Core Viewpoint - The State Administration for Market Regulation (SAMR) has imposed administrative penalties on Zhejiang Talent Development Group Co., Ltd. and Zhejiang Public Information Industry Co., Ltd. for illegally implementing a business concentration without prior approval, marking the fourth such case addressed by SAMR this year [1] Group 1: Case Details - The transaction between Zhejiang Talent and Zhejiang Public constituted an illegal business concentration as it was not reported as required by law [1] - An assessment indicated that the transaction did not have the effect of excluding or restricting competition [1] Group 2: Penalties and Regulations - Both companies voluntarily reported the illegal business concentration and took corrective actions upon discovering the violation [1] - Based on the provisions of the Anti-Monopoly Law of the People's Republic of China and the guidelines for administrative penalties for illegal business concentrations, SAMR decided to impose lighter penalties [1] - Zhejiang Talent was fined 800,000 yuan, while Zhejiang Public was fined 900,000 yuan [1]
两公司违反反垄断法实施经营者集中 市场监管总局开出罚单
Mei Ri Jing Ji Xin Wen·2025-12-24 10:39