| 序号 | 案件名称 | 参与集中的经营者 | 审结时间 | | --- | --- | --- | --- | | | TCL华星光电技术有限公司收购 | TCL华星光电技术有限公司,福建兆 | | | 1 | 福建兆元光电有限公司股权案 | 元光电有限公司 | 2026年2月3日 | | | 伊藤忠商事株式会社与三菱地所 | 东京盛世利株式会社,伊藤忠商事株 | | | 2 | 株式会社等经营者新设合营企业 | 式会社,三菱地所株式会社 | 2026年2月3日 | | 案 | | | | | | 力拓技术资源英国有限公司与中 | 中信私募基金管理有限公司, Rio Tin | | | 3 | | 信私募基金管理有限公司新设合 to Technological Resources UK Li | 2026年2月3日 | | | 营企业案 | mited | | | ব | | NTT DOCOMO GLOBAL, Inc. 收NTT DOCOMO GLOBAL, Inc., Asc 购Ascend Commerce Compan end Digital Commerce Group Co., | 2026 ...

Core Viewpoint - The article discusses the accelerated internationalization of Chinese enterprises and the importance of understanding overseas antitrust compliance, highlighting the launch of a series of guidelines by People's Daily in collaboration with the State Administration for Market Regulation [1] Group 1: Antitrust Compliance Guidelines - The guidelines provide insights into foreign antitrust legal systems categorized by country, aimed at assisting business operators in navigating international competition [1] Group 2: Merger Notification Thresholds - A merger must be reported if any participating party has a global asset total or global revenue of 3 trillion Korean Won (approximately 2.3 billion USD) in the previous fiscal year, or if another party has 300 billion Korean Won (approximately 230 million USD) [3] - For transactions involving parties outside Korea, each must have a revenue of at least 300 billion Korean Won in Korea during the previous fiscal year [3] - The transaction amount must reach or exceed 6 trillion Korean Won (approximately 4.6 billion USD) and the target company must conduct substantial business activities in the Korean market [3] Group 3: Merger Review Standards - The Korea Fair Trade Commission evaluates mergers based on multiple factors, including market share, market concentration, and market entry [3] Group 4: Review Timeline - The review period is 30 calendar days from the receipt of the notification by the Korea Fair Trade Commission, extendable by up to 90 days depending on case complexity [3] Group 5: Review Outcomes - Possible outcomes of the merger review include unconditional approval, conditional approval, or prohibition of the merger [4] Group 6: Legal Responsibilities for Non-Compliance - Companies failing to report or implement a merger without approval may face fines up to 100 million Korean Won (approximately 76,000 USD) [4] - Violating conditional approval or prohibition can result in daily fines up to 0.03% of the transaction amount, with a maximum of 200 million Korean Won (approximately 152,000 USD) [4] Group 7: Types of Anticompetitive Agreements - Major types of anticompetitive agreements include price fixing, setting terms of trade, limiting production or supply, and restricting market access [5] Group 8: Legal Penalties for Anticompetitive Behavior - Companies may face administrative fines of up to 20% of the relevant product's revenue during the violation period, with a maximum fine of 4 billion Korean Won (approximately 3 million USD) [6] - Individuals may face up to three years of imprisonment and fines up to 200 million Korean Won (approximately 152,000 USD) [7] Group 9: Abuse of Market Dominance - A company is presumed to have market dominance if it holds a market share of 50% or more, or if the top three companies collectively hold 75% of the market share [9] Group 10: Types of Abusive Conduct - Abusive conduct includes unfair pricing practices, exclusion of competitors, and interference with new market entrants [10][13]

Core Viewpoint - The Chinese National Market Regulation Administration has imposed a fine of 1.75 million yuan on Huaxin (China) Investment Co., Ltd. for illegally implementing a business concentration by acquiring shares in Hangzhou Huaxin Electric Cable Co., Ltd. This case marks the first public enforcement of the Anti-Monopoly Law regarding business concentration in 2024 [1]. Group 1 - The acquisition transaction by Huaxin (China) Investment Co., Ltd. was completed on December 4, 2023, but the company only submitted the required declaration to the National Market Regulation Administration on January 25, 2024, violating the pre-declaration obligation [1]. - The transaction was assessed and found not to have the effect of excluding or restricting competition [1]. - The fine was reduced due to the company's cooperation during the investigation, establishment of an antitrust compliance management system, and the fact that this was the first administrative penalty for illegal business concentration [1]. Group 2 - The National Market Regulation Administration has been enhancing the quality and efficiency of its reviews, encouraging companies to comply with antitrust regulations during investment and acquisition processes [2]. - Companies are advised to establish a robust antitrust compliance system and conduct legal assessments during mergers and acquisitions, ensuring that they fulfill pre-declaration obligations when required [2].

（原标题：违反反垄断法实施经营者集中，市场监管总局开出今年首起罚单） 据市场监管总局网站1月23日消息，市场监管总局于1月16日依法对华新（中国）投资有限公司收购杭州 华新电力线缆有限公司股权违法实施经营者集中案作出行政处罚决定，对华新（中国）投资有限公司处 以175万元罚款。 《中华人民共和国反垄断法》第六条规定，经营者可以通过公平竞争、自愿联合，依法实施集中，扩大 经营规模，提高市场竞争能力。根据《中华人民共和国反垄断法》第二十六条、第三十条、第三十一 条，经营者集中达到国务院规定的申报标准的，经营者应当事先向国务院反垄断执法机构申报，未申报 的不得实施集中；申报后获得批准前，经营者也不得实施集中。 市场监管总局提示，相关经营者要健全反垄断合规制度体系，在投资并购过程中切实做好法律评估，经 营者集中达到申报标准的要依法履行事先申报义务，获得批准前不得实施，避免因违法实施集中受到行 政处罚。 该案是今年市场监管总局公开查处的首起违反《中华人民共和国反垄断法》实施经营者集中案件。 经调查，华新（中国）投资有限公司收购杭州华新电力线缆有限公司股权的交易，已于2023年12月4日 完成了股权变更登记，先实施了集中 ...

Core Viewpoint - The document lists the unconditional approval of several merger and acquisition cases involving various companies, indicating ongoing consolidation activities in the market [1]. Group 1: Mergers and Acquisitions - Case 1: Chengjiu Limited's acquisition of equity in Guangzhou Judai Investment Development Co., Ltd. was approved on January 6, 2026 [1]. - Case 2: Guangzhou Light Industry and Trade Group Co., Ltd. acquired equity in Cangzhou Mingzhu Plastic Co., Ltd., also approved on January 6, 2026 [1]. - Case 3: Guangzhou Dongjin Industrial Park Investment Development Co., Ltd. and COSCO Shipping Logistics Supply Chain Co., Ltd. established a new enterprise, approved on January 9, 2026 [1].

Group 1 - The article discusses the unconditional approval of a merger case involving GAC Components Co., Ltd. and Wanli Tire Co., Ltd. for the acquisition of Guangdong Zhongchuang Zhiten Technology Service Co., Ltd. [1] - The involved parties in the merger include GAC Components Co., Ltd., Wanli Tire Co., Ltd., and Saibo Industrial Technology Group Co., Ltd. [1] - The approval date for the merger case is set for December 31, 2025. [1]

Group 1 - The article discusses a list of unconditional approvals for business concentration cases, indicating regulatory oversight in mergers and acquisitions [2][3] - Several companies are involved in these transactions, including Guangdong Guangqing Metal Technology Co., Ltd. acquiring POSCO (Zhangjiagang) Stainless Steel Co., Ltd. and Qingdao POSCO Stainless Steel Co., Ltd. [3] - Other notable transactions include Shandong Zhaojin Group Co., Ltd. acquiring Shandong Jindu State-owned Capital Investment Group Co., Ltd. and China Logistics Group Co., Ltd. acquiring FAW Logistics Co., Ltd. [3] Group 2 - The approvals cover a range of industries, including logistics, energy, and real estate, reflecting ongoing consolidation trends in these sectors [3] - The document lists specific dates for the completion of these cases, with several transactions finalized in December 2025 [3] - The involvement of international companies, such as the Saudi Arabian Public Investment Fund acquiring shares in Electronic Arts, highlights the global nature of these business consolidations [3]

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]

Core Viewpoint - The State Administration for Market Regulation has issued guidelines for the review of non-horizontal operator concentrations, indicating support for lawful concentrations that do not restrict competition [1] Summary by Categories Regulatory Framework - The antitrust enforcement agency will approve concentrations that do not have the effect of excluding or restricting competition [1] - Concentrations that may have the effect of excluding or restricting competition will either be prohibited or approved with restrictive conditions [1] Competition Concerns - The guidelines highlight that the competition issues arise from the concentration itself [1]

Core Points - The document outlines various acquisition and joint venture cases involving multiple companies, with completion dates primarily set for October 2025 [1] Group 1: Acquisitions - Zhejiang Chunfeng Power Co., Ltd. is acquiring shares of Zhuzhou Yamaha Motorcycle Shock Absorber Co., Ltd. [1] - Hubei Railway Development Fund Co., Ltd. is acquiring shares of Shenzhen Zhonghaitong Logistics Co., Ltd. [1] - Ecolab is acquiring part of the business from Wovewow [1] - Waters Corporation is acquiring part of the business from Becton Dickinson's biosciences and diagnostics solutions division [1] Group 2: Joint Ventures - Chengdu Urban Investment Energy Investment Management Group Co., Ltd. is establishing a joint venture with Chengdu Tera Electric New Energy Co., Ltd. and Ruineng Power Co., Ltd. [1] - Sichuan Jiepei Technology Co., Ltd. is forming a joint venture with Shenzhen Kaidongyuan Modern Logistics Co., Ltd. [1] - Huizhou Innovation and Entrepreneurship Investment Co., Ltd. is establishing a joint venture with Shanghai Dinghui Baifu Investment Management Co., Ltd. [1] - Clean Energy Industry Technology Research Institute is forming a joint venture with Henan Shenhua Coal and Electricity Co., Ltd. and Henan Xintai Clean Energy Technology Co., Ltd. [1] - Sike Source (Chongqing) Holdings Co., Ltd. is establishing a joint venture with Chongqing Sanitation Group Co., Ltd. [1]