Antitrust lawyers a 'hot commodity' in China
By Reuters | China Daily | Updated: 2014-07-04 08:43
Foreign corporations turning to 'hired guns' for deal clearances
China's increasing regulatory influence over international mergers and acquisitions has helped create the hottest new commodity in its legal industry: antitrust lawyers.
Six years ago, China did not even have a legal system for regulating the impact of M& A on competition. But now, its Ministry of Commerce is the biggest wild card for those trying to get a major cross-border deal past antitrust regulators.
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