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  • 99289
    01 August 2012
    Clearance Granted to Combination between MEDIATEK and MSTAR

    Stephen C. Wu / Yvonne Y. Hsieh

    (The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)

    At its August 1, 2012 commissioners' meeting, the Taiwan Fair Trade Commission ("TFTC") unconditionally cleared the proposed combination between MediaTek Inc. ("MediaTek") and Mstar Semiconductor Inc. ("Mstar"). The proposed combination entails the acquisition of at least 40% and up to 48% of the shares in Mstar by MediaTek through a public tender offer. After the consummation of the tender offer, a post-closing merger will be further pursued in which MediaTek will be the existing company and Mstar will be the dissolved company.

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  • 99275
    14 June 2012
    The Competition Ordinance 2012: The Dawn of a New Age in Hong Kong

    By Slaughter and May

    On 14 June 2012, the Competition Ordinance 2012 was passed by the Hong Kong Legislative Council, after much debate and input on the bill from various stakeholders over a two-year period. This now extends the application of competition law to all sectors in Hong Kong.

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  • 99279
    06 June 2012
    Summary of Major Issues of the First Civil Action in China Concerning a Vertical Monopoly Agreement

    By: George (Zhao) Wang and Ji Guangming
    Jun He Law Offices

    The Anti-monopoly Law of the People’s Republic of China (the “AML”) has been in force for approximately four years. The trial of first instance as to the first civil action in China concerning a vertical monopoly agreement (the “Case”) lasted approximately one and a half years from filing of the action to the delivery of judgment and has recently been concluded. Jun He Law Firm (“Jun He”) acted as the attorneys for the Defendant (a wholly foreign-owned enterprise in China of a multi-national company) in the Case.

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  • 99281
    15 May 2012
    China’s Supreme Court Issues Interpretation for Antitrust Civil Litigation

    By Janet Hui and Stanley Wan
    Jun He Law Offices

    On May 8, 2012, the Supreme People’s Court of China issued the long-awaited interpretation of the PRC Anti-Monopoly Law (the “AML”) entitled the Provisions on Various Issues for the Application of Law in the Adjudication of Civil Lawsuits Caused by Monopolistic Conduct (the “Judicial Provisions”). It represents significant progress in China’s antitrust law regime and fills the vacuum left by not having any judicial guidance on antitrust litigation since the AML took effect in 2008. The Judicial Provisions cover various significant issues in antitrust civil litigation.

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  • 99288
    01 March 2012
    Companies of Recycling Waste Electrical and Electronic Equipment and Waste Computer Appliances Were Fined by TFTC for Conspiracy

    Stephen C. Wu / Yvonne Y. Hsieh

    (The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)

    In a decision dated 22 February 2012, the Taiwan Fair Trade Commission ("TFTC") found that 12 companies engage in the recycle of waste electrical and electronic equipment (collectively, "WEEE Recycling Companies") had illegally colluded in the recycling of waste electrical and electronic equipment and related affairs ("WEEE Conspiracy"). While most of the WEEE Recycling Companies also recycled waste computer appliances, the TFTC also found that 13 companies engage in the recycle of waste computer appliances (collectively, "WCA Recycling Companies") had conspired in the recycling of waste computer appliances and related affairs via a scheme similar to that in the WEEE Conspiracy ("WCA Conspiracy"). In view of the foregoing, the TFTC imposed fines totaling NT$121.9 million on the WEEE Recycling Companies and fines totaling NT$18.1 million on the WCA Recycling Companies.

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