Study Of Asset Stripping In The Party System

On July 5, 2010, the Ministry of Commerce issued Interim Provisions on the Divestiture of Assets or Business in the Concentration of Undertakings, which was of great significance for China's Divestiture system. Divestiture is the most important kind of merger remedies. In this paper, the author tried to study the divestiture in the perspective of parties who took part in the process in order to find the best way of application in China. The framework of the main part of this thesis is arranged as follows:The first chapter generally introduces divestiture and its parties system. And then it explained the reasons of choosing this specific topic. The second chapter analyzes the current legislative system of divestiture in China, which focus on the parties system under the Interim Provisions. The third chapter analyzes the five cases related to the divestiture issued by Ministry of Commerce. The fourth chapter is a comparative analysis of the relevant content of European and American parties system in the divestiture, in order to learn the experiences from them. Chapter Five analyzes the future of divestiture system in China from the perspective of the parties system. While affirming the current achievements in legislation and practice of this system, this paper also pointed out the urgent need of the reform. Moreover, it made some suggestion of improvement of divestiture system in China.