MOFCOM fast-tracks anti-monopoly reviews

The authority has yet to decide on the threshold level of market share, but Shang Ming, director of MOFCOM's Anti-monopoly Bureau, said that it would not be very high, according to a report by China Daily.

Henry Chen of MWE China Law Offices said: “Whether an application can take advantage of fast-track procedures all depends on the accurate determination of relevant markets.” Chen estimated that more than half of the transactions are likely to be eligible for fast-track procedures.