China Blocks Transaction Under New Anti-Monopoly Law
By
Jonathan M. Rich, Antitrust Practice
LawFlash/Client Alert
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published on:
03/24/2009 -
by:
Antitrust Practice
Companies considering transactions reportable in China should take note of the recent decision of the Chinese Ministry of Commerce (MOFCOM) blocking Coca-Cola's purchase of China Huiyuan Juice Group. The decision marks the first time China has stopped a deal under its new Anti-Monopoly Law, which became effective in August 2008.
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