Didi-Uber deal draws probe by China’s antitrust watchdog - منتديات الرياضة

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قديم 09-02-2016, 06:00 PM
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افتراضي Didi-Uber deal draws probe by China’s antitrust watchdog

Didi-Uber deal draws probe by China’s antitrust watchdog
Didi-Uber deal draws probe China’sDidi-Uber deal draws probe China’sDidi-Uber deal draws probe China’s
Chinese regulators have begun an investigation into the landmark merger of Didi Chuxing and Uber Tech**logies Inc.’s domestic business, initiating scrutiny of a deal that would create a $35 billion entity with overwhelming control of the ride-sharing arena.

The Ministry of Commerce has met twice with Didi executives after the deal was an**unced in August, requesting documents and other supporting material, ministry spokesman Shen Danyang told reporters Friday.*

The government is also seeking a deeper understanding of the ride-sharing sector, he said.

Didi’s decision to buy out Uber’s Chinese operation would give it control of almost 90 percent of the ride-hailing market. Yet the odds are slim that the ministry will nix such a high-profile deal involving a well-connected national corporate champion, legal and industry experts have said.* Read more...

More about Ride Hailing Apps, China, Uber, Didi Chuxing, and BusinessDidi-Uber deal draws probe China’s

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