Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

Conditions and commitments may be imposed by the CNMC. When the merger is prohibited, the decision may order appropriate measures to restore effective competition, including a de-merger (Section 60(4)(b). …

Conditions and commitments - Divestiture 

Conditions and commitments may be imposed by the CNMC. When the merger is prohibited, the decision may order appropriate measures to restore effective competition, including a de-merger (Section 60(4)(b).

Section 62 classifies as a minor infringement offenses such as the late notification or lack of notification of a concentration, or the submission of incomplete, incorrect, misleading or false information. Such infringements incur a fine of up to 1% of the undertaking's turnover in the previous business year. In contrast, gun-jumping is deemed to constitute a serious infringement, liable to a fine of up to 5% of the undertaking's turnover in the previous business year. Finally, constitutes a very serious infringement the fact of not complying with or contravening a resolution, decision or commitment adopted by the CNMC. Such behavior is sanctioned by a fine of up to 10% of the undertaking's turnover. Transposition of the ECN+ Directive leads to a harmonized 10% fine.

Global Competition Law

707. Conditions and commitments - Divestiture

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Les notions juridiques connexes

707. Conditions and commitments - Divestiture

Demandez un accès gratuit au contenu exclusif Livv – juristes d’entreprise

Les notions juridiques connexes

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au contenu exclusif Livv – juristes d’entreprise