Asian antitrust laws 'threaten deals'

[FT_news]

Tough antitrust laws that take effect in China this week and India later this year could delay or thwart high-profile cross-border mergers and acquisitions, lawyers and business executives have warned

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[annjd]

China and India are implementing regimes based on the European Union model, covering anti-competitive agreements, abuses of dominance and merger control – with the potential effect on M&A causing concern among multinational companies.

Lawyers and business executives believe China and India’s thresholds for merger filings are too low, and likely to ensnare global deals that will have little effect on competition locally. They also fear enforcement agencies in each country will lack the resources and expertise to deal quickly with complex merger cases.