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State Administration for Market Regulation: Further Improve the System of Entrusted Review of Operator Concentration
According to Meiri AI Express, on March 20th, the State Administration for Market Regulation issued an announcement to further improve the entrusted review system for business operator concentration. The State Administration for Market Regulation may delegate the review of non-simple cases that meet the following criteria to market regulation departments in Beijing, Shanghai, Guangdong, Chongqing, and Shaanxi provinces (municipalities directly under the central government): 1. The combined market share of the participating operators in the same relevant market is between 15% and 25%; 2. In upstream and downstream markets, the market share of the participating operators is between 25% and 35%; 3. Operators involved in concentration that are not in the same relevant market and do not have upstream or downstream relationships, with each market share related to the transaction being between 25% and 35%.