Ministry of Commerce launches antitrust review of Uber’s sale of its China business to rival Didi Chuxing
Didi initially claimed that its purchase of Uber's China business was not subject to review by regulators, and legal experts noted that the acquisition is still likely to be approved. “The opening of an investigation does not mean there has been a violation of China’s antimonopoly law,” noted one lawyer.
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Oct 24, 2016