MOFCOM’s Decision in Novartis/Alcon: First Swiss Companies Subject to China’s Anti-Monopoly Law (in German)

Jusletter (Schwerpunkt-Ausgabe «Kartellrecht»), November 2010

4 Pages Posted: 21 Nov 2010 Last revised: 23 Nov 2010

Date Written: November 1, 2010

Abstract

August 1, 2010 was a day of celebration in China — of some sort. On that day, China's Anti-Monopoly Law (AML) celebrated its second anniversary.

Around two weeks later, the Ministry of Commerce (MOFCOM) adopted the first public decision in an investigation under the AML which involved a Swiss company — actually, more than one Swiss company: On August 13, it cleared the acquisition by life sciences company Novartis of a majority stake in rival Alcon, but only subject to conditions. The seller was Nestlé.

Note: Downloadable document is in German.

Keywords: Competition Law, Antitrust, China, Anti-Monopoly Law, Merger Control, MOFCOM

Suggested Citation

Emch, Adrian, MOFCOM’s Decision in Novartis/Alcon: First Swiss Companies Subject to China’s Anti-Monopoly Law (in German) (November 1, 2010). Jusletter (Schwerpunkt-Ausgabe «Kartellrecht»), November 2010 , Available at SSRN: https://ssrn.com/abstract=1712124

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