GCR 100 - 19th Edition

Broad & Bright

19 December 2018

China

BROAD & BRIGHT competition practice head Yao Feng – one of the fi rm’s founders – is universally tipped as one of the best Chinese competition lawyers. The senior counsel has built a thriving practice with particular strengths in deal work. The 14-year-old fi rm welcomed partner Shipo Xie to the antitrust practice in late 2017, and boasts a client roster featuring the likes of Google, private equity shops KKR and Carlyle, NXP and semiconductor companies Broadcom and MediaTek.

The Chinese aspects of multibillion-dollar global deals are Broad & Bright’s clear forte. In 2017, it represented fi ve of the seven deals that were conditionally approved by the Ministry of Commerce and in 2018, handled the fi rst conditional clearance by the State Administration for Market Regulation (SAMR) – China’s newly consolidated antitrust agency. Yao Feng was Chinese counsel to Essilor in the lens maker’s vertical tie-up with eyeglass frames manufacturer Luxott ica, which the SAMR cleared in July 2018 with behavioural remedies. Few Broad & Bright conduct matt ers are publicly known. However, the team had been involved in the National Development and Reform Commission’s auto parts investigation, successfully bagging a mitigated penalty for a confi dential client. It also represented a global shipping company in the same enforcer’s liner shipping probe, and a US telecommunications company in the NDRC’s fi rst-ever commitments case.

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