The European Commission’s (EC) merger
control enforcement rate is double that of the US and China,
according to a recent report.
The research, released on May 19, compares the
track record of antitrust authorities across the EU, US, UK,
China, France and Germany over a seven year period.
During this time, the EC either blocked or imposed
conditions on six percent of deals, while in the US and China
that figure was just 2.7% and 2.4%, respectively.
"These figures are somewhat contrary to the undue
media attention the Chinese regime has received," said Gavin
Robert, consultant at Linklaters who authored the report. "People tend
to assume that Chinese intervention is a lot more likely than
it really is."
The PRC Ministry of Commerce (Mofcom) was in fact found to
be the second-least stringent...