SAMR to Advance Review of Meituan-Maytuan Equity Acquisition Case in Accordance with Law

The State Administration for Market Regulation (SAMR) held a special press conference on the effectiveness of its simplified review system for business concentration cases. During the event, Xie Fang, Deputy Director General of SAMR's Anti-Monopoly Bureau II, stated that while introducing the public hearing details for the Meituan-Maytuan equity acquisition case, SAMR will uphold both development and regulation and advance the subsequent review in accordance with the law. Recently, SAMR conducted a public hearing on the Meituan-Maytuan equity acquisition case, marking China's first-ever public hearing in business concentration reviews. Xie noted that this case was the first in the platform sector to require filing despite not meeting the declaration threshold set by the State Council, attracting widespread attention from all sectors of society. In 2024, the combined market share of both parties in China's domestic delivery aggregation platform market exceeded 50%. SAMR attached great importance to the case and conducted a strict review in accordance with the law.