Ron Burgundy Posted September 2, 2016 Share Posted September 2, 2016 China's commerce ministry is investigating the planned acquisition by ride-hailing firm Didi Chuxing of U.S. rival Uber Technologies Inc's [uBER.UL] China unit over anti-monopoly concerns, the ministry's spokesman said on Friday. Shen Danyang told reporters the Ministry of Commerce would look to protect fair market competition and consumer interests in the deal, which will create a roughly $35 billion giant dominating China's car-hailing market. A representative for Uber could not be reached immediately for comment. View the full article Quote Link to comment Share on other sites More sharing options...
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