In China, a qualifying merger or acquisition is referred to as a:
A) concentration of businesses.
B) concentration of undertakings.
C) controlled undertaking.
D) none of the above.

Question

Quizplus · Accepted Answer

In China, a qualifying merger or acquisition is referred to as a "concentration of undertakings." This term is used to describe the act of one or more companies acquiring control of all or part of another company or companies. This definition is in line with EU competition law, which the Chinese antitrust system is largely based on.

In China, a Qualifying Merger or Acquisition Is Referred to as A