anti-trust Archive

China’s anti-trust regulators are investigating the Didi-Uber deal

China has opened an investigation to determine whether Didi’s Chuxing’s impending acquisition of Uber China violates national anti-trust laws. The development — which was first reported by the Wall Street Journal — was confirmed by Didi. “We are in communication with the authorities,” a spokesperson told TechCrunch. At this point there is no indication when the probe, which was triggered by feedback, will be completed. The Journal reports …