Recent Development in Antitrust and International Trade Law

How Does China Conduct Antitrust Reviews of Mergers?

October 25, 2012 at 10:07 am

Increasingly, China's antitrust reviews of global transactions have resulted in long investigations delaying the closing of many deals. This article outlines the Chinese merger review process and summarizes some of China's merger decisions. Background China's Anti-Monopoly Law (“AML”) took effect on August 1, 2008. Three agencies enforce the AML. The […]

Will the FTC Take an Enforcement Action Against a Small Transaction Consummated Years Ago?

October 15, 2012 at 5:16 pm

On October 12, 2012, the FTC voted 5-0 to approve a consent order resolving competitive concerns related to Magnesium Elektron's acquisition of Revere Graphics. In September 2007, Magnesium Elektron acquired the assets of Revere Graphics for $15 million. Magnesium Elektron and Revere Graphics produce magnesium plates for photoengraving. The FTC […]

FTC Approves UNH's Acquisition of Ascend Health Corporation With Conditions

October 5, 2012 at 5:00 pm

On October 5, 2012, the FTC announced that it entered into a consent agreement requiring the divestiture of an acute inpatient psychiatric hospital in the El Paso, Texas/Santa Teresa, New Mexico area to resolve antitrust concerns arising from Universal Health Services, Inc.'s (“UNH”) proposed acquisition of Ascend Health Corporation (“Ascend”). […]