By Susan Ning, Shan Lining and Liu Jia, King & Wood’s Competition Practice

On 13 August 2010, the proposed acquisition of Alcon, Inc (Alcon) by Novartis AG (Novartis) was approved by the Ministry of Commerce (MOFCOM), with conditions. MOFCOM’s public announcement in relation to this acquisition is located here. This is the 6th merger that has been approved with conditions, since the enactment of the Anti-Monopoly Law (AML) in 2008.(1)Continue Reading Novartis’ Acquisition of Alcon – Cleared with Conditions