Friday, September 2, 2016

Didi-Uber deal is running into antitrust roadblocks in China: WSJ

The acquisition would create a US$35 billion company with little competition in Asia’s largest market Didi Chuxing’s purchase of Uber China last month is being investigated by China’s*Ministry of Commerce over questions if the deal violates the country’s antitrust law, as first reported by the Wall Street Journal. Ministry spokesperson*Shen Danyang told reporters at a...
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