China’s commerce ministry to weigh in on global mergers with new rules
(Reuters) – China’s Ministry of Commerce (MOFCOM) plans to issue new draft rules in the first half of this year giving the authority more say in global merger transactions that may have an impact on domestic customers.
China is increasingly using antitrust rules to impose conditions on global deals, including the $35 billion merger of Switzerland-based miner Glencore Xstrata PLC .
Read more at: http://www.reuters.com/article/2014/02/27/us-china-mofcom-idUSBREA1Q0BI20140227
