经营者集中反垄断审查

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创新监管制度 激发企业活力——市场监管总局持续提升经营者集中反垄断审查效能
Xin Hua Wang· 2025-08-15 13:12
新华社北京8月15日电 题:创新监管制度 激发企业活力——市场监管总局持续提升经营者集中反垄 断审查效能 "目前,我们还在制定《非横向经营者集中审查指引》《经营者集中申报规范》《省级市场监管部 门经营者集中审查工作手册》等规则,进一步强化审查工作统一性和规范化,提高工作透明度和可预期 性,为建设全国统一大市场提供坚实制度保障。"徐乐夫说。 近期市场监管总局禁止了1起经营者集中案件,附条件批准了3起经营者集中案件,引发社会关注。 经营者集中审查是我国反垄断执法机构对企业间通过合并、股权控制、合同控制等方式形成控制关 系的事前审查制度,旨在预防市场垄断行为、维护公平竞争秩序。 为加强相关事前监管,市场监管总局自2022年8月1日至2025年7月31日选取北京等5个省级市场监管 部门作为试点,审查范围辐射全国重点经济区域,更好地服务国家经济发展战略全局。 "经评估,3年试点工作取得了显著成效,达到了委托审查制度实施的预期目的。"市场监管总局反 垄断执法二司司长徐乐夫在发布会上介绍,试点3年来,市场监管总局共委托地方审查案件1288件,占 同期全部案件数量的54%,案件交易总金额超过3万亿元,大幅提高企业投资并购效率 ...
企业投资并购效率大幅提升 市监总局披露经营者集中试点成绩
2 1 Shi Ji Jing Ji Bao Dao· 2025-08-15 12:13
Core Viewpoint - The implementation of the new Anti-Monopoly Law in China aims to enhance the review of operator concentration, streamline the approval process for small mergers and acquisitions, and maintain fair competition in key industries such as semiconductors and pharmaceuticals [1][2][3]. Group 1: Regulatory Changes - The new Anti-Monopoly Law requires a classification and grading review system for operator concentration, with a focus on preventing and controlling potential market dominance [2][3]. - The market regulator has revised the review rules and procedures for operator concentration, enhancing compliance guidance and transparency [2][3]. Group 2: Trial Results - During the three-year trial period, the market regulator reviewed 1,288 cases, accounting for 54% of the total submissions, with a total transaction value exceeding 3 trillion yuan [3][4]. - The regulator prohibited one acquisition and conditionally approved ten others, while raising concerns on 15 cases, effectively maintaining fair competition in various sectors [3]. Group 3: Efficiency Improvements - The review process for simple cases has been optimized, with a target of completing the review within 20 days from submission to acceptance and another 20 days from acceptance to conclusion [4]. - The number of required submission documents has been reduced from three to two, and the information required has decreased from 44 items to 38, significantly improving the efficiency of the review process [4].
【省市场监管局】陕西受正式委托开展部分经营者集中反垄断审查
Shan Xi Ri Bao· 2025-08-07 00:01
8月4日,记者从省市场监督管理局获悉:国家市场监督管理总局近期发布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的公告,部分适用经营者集中简易程序的案件正式委托北京市、上海 市、广东省、重庆市、陕西省5个省(市)市场监督管理部门负责审查。5个省(市)市场监督管理部门 已经过3年的试点委托。 试点委托期间,省市场监督管理局共接听西北五省(区)经营者集中电话咨询100余次,办理简易 案件135件。案件涉及仓储、医药、广告、新能源、电力等30多个行业,交易金额达6420亿元,平均受 理时间11.4天,平均审结时间18.3天。同时,省市场监督管理局采取电话回访、上门服务等形式,邀请 服务对象对审查工作进行满意度评价并提出意见和建议。 在试点委托工作中,省市场监督管理局制定相关工作制度,对审查责任、审查流程、保密管理、纪 律要求、监督机制等进行明确规定;组织西北五省(区)市场监督管理部门签订协议,推动沟通交流、 联合培训、资源共享等工作;组织科研院所对全省重点领域和行业现状、特点、发展趋势及竞争状况进 行系统研究,为审查工作提供理论支持。 省市场监督管理局相关负责人说:"我们将进一步加强相关法规宣贯,提升监督管理 ...
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
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]
江苏奥力威传感高科股份有限公司 关于收到《经营者集中反垄断审查不实施进一步审查决定书》暨控制权拟发生变更的进展公告
Zhong Guo Zheng Quan Bao - Zhong Zheng Wang· 2025-07-26 00:03
Group 1 - The core point of the article is the change of control in Jiangsu Aoliwei Sensor Technology Co., Ltd., where the controlling shareholder will shift from Mr. Li Hongqing to Zhongchuang Xinhang Technology Group Co., Ltd. [1] - On May 6, 2025, the company signed a share transfer agreement and a voting rights waiver agreement with Zhongchuang Xinhang, indicating a planned transfer of control [1] - After the completion of the control transfer, the company will have no actual controller, and Zhongchuang Xinhang intends to fully subscribe to the new shares issued to specific targets [1] Group 2 - The company has received a decision from the State Administration for Market Regulation stating that no further review will be conducted on the acquisition of shares by Zhongchuang Xinhang, allowing the company to proceed with the concentration [1] - The control change still requires compliance confirmation from the Shenzhen Stock Exchange and completion of share transfer registration [1] - There remains uncertainty regarding the final implementation and completion of the transaction [1]
新思科技收购安似科技获有条件批准
Zheng Quan Shi Bao Wang· 2025-07-14 11:27
Core Viewpoint - The National Market Supervision Administration of China has approved Synopsys' acquisition of Ansys with additional restrictive conditions to prevent anti-competitive effects in the optical software, photonic software, and certain EDA software markets [2][3] Group 1: Acquisition Details - Synopsys and Ansys, established in 1986 and 1970 respectively, are both listed on NASDAQ, with Synopsys focusing on EDA software and design IP, while Ansys provides simulation software for semiconductor design [3] - The acquisition agreement, announced on January 16, 2024, stipulates that Ansys shareholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock per share of Ansys, valuing the deal at approximately $35 billion based on Synopsys' stock price on December 21, 2023 [3] Group 2: Regulatory Conditions - The approval includes conditions such as the divestiture of optical solutions and power analysis software businesses, adherence to existing customer contracts, and non-discriminatory practices in product supply to Chinese customers [2] - Synopsys and Ansys are required to maintain interoperability agreements and support industry-standard formats for their EDA products, ensuring fair access for third-party EDA vendors [2] Group 3: Strategic Implications - The merger aims to combine Synopsys' leading EDA technology with Ansys' simulation and analysis capabilities, enhancing customer offerings and strengthening Synopsys' strategic focus on integrated solutions from chip to system [4] - The acquisition is expected to bolster Synopsys' presence in emerging growth areas such as automotive, aerospace, and industrial manufacturing, leveraging Ansys' established market experience [4]
新思收购Ansys获批,附加条件曝光
半导体芯闻· 2025-07-14 10:48
Core Viewpoint - The acquisition of Ansys by Synopsys has been approved with restrictive conditions due to potential anti-competitive effects in various software markets, including optical software, photonic software, and certain EDA software markets [1][39]. Group 1: Case Background - Acquirer: Synopsys, established in 1986 in the USA, listed on NASDAQ, primarily engaged in EDA software and design IP business [2]. - Target: Ansys, founded in 1970 in the USA, also listed on NASDAQ, focuses on developing and selling simulation and analysis software [2]. - The agreement for acquisition was signed on January 15, 2024, with Synopsys acquiring all outstanding shares of Ansys [2]. Group 2: Relevant Markets - The relevant markets identified include optical software, photonic software, certain EDA software, and design IP markets, with horizontal overlaps between Synopsys and Ansys in these areas [4][5][6][15]. - Optical software and photonic software are defined as separate markets due to their distinct applications and technological complexities [5][6]. - The EDA software market is highly specialized, with various functions that do not allow for easy substitution among different software tools [7][8][9]. Group 3: Competition Analysis - The merger is expected to significantly increase market concentration in the optical software market, with combined market shares of 65-70% and a substantial increase in the HHI index [19]. - Similar concerns exist for the photonic software market, where the combined market share is also 65-70%, indicating a potential reduction in competition [20]. - The RTL power analysis software market shows a combined share of 70-75%, with a significant increase in market concentration post-merger [22]. - The transaction is likely to enhance Synopsys's market power in several EDA software markets, potentially limiting competition and innovation [37]. Group 4: Restrictive Conditions - The approval of the acquisition comes with several conditions, including the divestiture of optical solutions and power analysis software businesses to mitigate anti-competitive effects [39][40]. - Synopsys is required to maintain existing customer contracts and ensure fair access to its products without discrimination [40]. - The company must also uphold interoperability agreements with third-party EDA vendors to promote competition and innovation in the market [41].
湖北国资入主计划落空!三湘印象控制权变更一年半博弈终落幕,1.73亿元共管资金面临返还
Hua Xia Shi Bao· 2025-07-11 10:21
Core Viewpoint - The control change plan for Sanxiang Impression has been terminated after a year and a half of complications, as the major shareholder, Shanghai Sanxiang Investment Holdings, received a request from Wuhan Lian Investment Real Estate to terminate the equity transfer agreement, indicating that the plan for Hubei Provincial State-owned Assets Supervision and Administration Commission to take over has completely failed [2][5]. Group 1: Control Change and Equity Transfer - Wuhan Lian Investment Real Estate has requested the termination of the equity transfer agreement for the second time, previously issuing a notice in May stating that the agreement had triggered termination conditions [2][7]. - The equity transfer agreement involved Lian Investment acquiring approximately 295 million shares, representing 25% of Sanxiang Impression's total shares, with specific share transfers from Sanxiang Holdings and its actual controller Huang Hui [4][5]. - The first installment of the equity transfer payment, amounting to 173 million yuan, was deposited into a joint account but has not progressed further due to the termination request [6][8]. Group 2: Financial Performance and Business Challenges - In 2024, Sanxiang Impression reported revenue of 1.21 billion yuan, a 9.46% increase from 2023, with the real estate sales segment contributing significantly [10]. - The cultural performance segment, however, saw a decline in revenue by 39.40%, indicating challenges in this area [10]. - The company has faced difficulties in its real estate business, with no new land reserves since 2018, and the remaining project in Yanjiao facing long sales cycles and thin profit margins [11][12].
深康佳A: 关于控股股东筹划重大事项的进展公告
Zheng Quan Zhi Xing· 2025-06-27 16:47
Group 1 - The core point of the news is the transfer of shares from Huazhi City Group to China Resources, which will change the controlling shareholder of Konka Group to a subsidiary of China Resources [1] - Huazhi City Group and its affiliates have signed an agreement to transfer all shares of Konka Group to subsidiaries of China Resources, aiming to optimize resource allocation among central enterprises [1] - The transfer is subject to regulatory approvals, including the approval from the State-owned Assets Supervision and Administration Commission and compliance confirmation from the Shenzhen Stock Exchange [1][2] Group 2 - The anti-monopoly review for the acquisition by China Resources has been approved, allowing the company to proceed with the share transfer [1] - The decision was made based on the Anti-Monopoly Law of the People's Republic of China, indicating that the acquisition does not pose a threat to market competition [1]
川仪股份: 川仪股份关于收到《经营者集中反垄断审查不实施进一步审查决定书》暨控制权拟发生变更的进展公告
Zheng Quan Zhi Xing· 2025-06-26 16:21
Group 1 - The core point of the announcement is the planned change of control for Chongqing Chuan Yi Automation Co., Ltd., where Guojiji Instrumentation (Chongqing) Co., Ltd. intends to acquire 19.26% of the shares from the current controlling shareholder, China Siliang Instrument Group Co., Ltd., and gain indirect control over an additional 10.65% of voting rights [1][2] - The acquisition has received a preliminary approval from the antitrust authority, which decided not to conduct further review, allowing the company to proceed with the concentration [1] - The change of control is still subject to approval from the relevant state-owned assets regulatory authority and compliance confirmation from the Shanghai Stock Exchange before the share transfer can be completed [1]