Merger Control Watch (16) MOFCOM Conditional Clearance on Wal-Mart – Yihaodian Merger By John JIANG, Scott Yu, Yi  XUE 2012-08-17

The 5th decision published in 2012 (A total of 16 merger review decisions were published since 2008), and first published case involving an instance of control “by way of contract or via other means” (Article 20(iii) of AML) through reference to the VIE structure