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For more than 10 years after the implementation of the Anti-Monopoly Law, VIE-structured transactions have seldom been reviewed by the competition authority, which means almost the entire internet industry hasn’t hade to notify their concentrations, and faced no investigations, for a decade. As Antitrust Chronicle contributor Xin (Roger) Zhang (Shandong University) shares in this article, The whole thing had been turned around by end of 2020, with lasting implications for Chinese internet businesses over the last 3 years...
#antitrust #china #internet #digitaleconomy #internetindustry #regulation #technology #regulators #mergersacquisitionsdivestitures #business
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