Coke Deal to Test China’s Antitrust Law

From the Wall Street Journal:

Coca-Cola Co.’s $2.4 billion deal to acquire China Huiyuan Juice Group Ltd. offers the first major test of China’s new antitrust law — one that comes amid public concern over the loss of national brands.

The new law, which took effect last month, attempts to streamline and standardize the government’s antitrust activities. Previously, no unifying law was on the books, and several agencies had a say in matters of general competition and mergers.

How Beijing’s regulators handle the case could offer a clue as to whether the law will remove a layer of murkiness from China’s deal landscape or add another one. Although Chinese officials have indicated they will lean toward international best practices, implementation rules clarifying the new law have been slow to come out. It isn’t clear whether the government agencies involved would be equipped to handle the case so soon.

Read also Coca-Cola deal major test for China’s new anti-monopoly law by AFP.


Subscribe to CDT


Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.