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Clifford Chance

Clifford Chance


European Commission asserts its EUMR jurisdiction over (some) Chinese SOEs

23 May 2016

In a recent decision, the European Commission (the Commission) determined that the turnover of all Chinese SOEs owned by Central SASAC that are active in the energy sector should be aggregated for the purposes of establishing the Commission's jurisdiction under the EU's Merger Regulation (EUMR). It is unclear whether this extends to all Central SASAC-owned SOEs, or whether it should be interpreted more narrowly.

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