China will require anti-trust review on mergers

At present, major mergers require the approval of US and EU regulators. That could change soon:

Chinese officials are working on an anti-monopoly law that would require companies seeking mergers or acquisitions to notify Chinese authorities if one or more of the parties involved has 1.5 billion yuan ($184 million) of business in China.

Authorities would then review the deals for their impact on competition in the domestic market, just as the United States and European Union do.

In the future, mergers like Adidas/Reebok and P&G/Gillette could have three hoops to jump through instead of two -- slowing and perhaps stopping a lot of mergers.