Communication Dec 14, 2020 01:55 PM (GMT+8)
The General Administration of market supervision said that it was reviewing the centralized declaration cases involving agreement control framework such as the merger of Guangzhou Huya Technology Co., Ltd. and Wuhan douyu Yule Network Technology Co., Ltd. There are also relevant provisions in the draft of anti monopoly guidelines on the field of platform economy. The reason why this issue has been emphasized many times is not to say that the concentration involving the agreement control structure before this need not be declared, but to further clarify and restate the requirements for the declaration of concentration in accordance with the law.
This text is a result of machine translation.