Mon, March 23, 2009

Coke-Huiyuan deal rejected

MOC: China's disapproval on Coca-Cola's acquisition not trade protectionism

China's Ministry of Commerce (MOC) Thursday denied its refusal to approve Coca-Cola's acquisition of Huiyuan Juice Group is protectionist. Full story

BACKGROUND

China's first anti-monopoly law takes effect

China's first anti-monopoly law took effect on Friday, viewed as a milestone of the country's efforts in promoting a fair competition market.

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Comment & Analysis

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Protecting consumers

2009-03-20 10:29:40 GMT China Daily The Ministry of Commerce must have thoroughly considered the far-reaching implications of its decision to reject the $2.4 billion acquisition of Huiyuan Juice, China's leading juice maker, by Coca-Cola.

Coke offer for China's Huiyuan could face difficulties winning approval

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