The Chinese Antitrust Authority denies merger approval between US leading soft drinks and Chinese juice manufacturers (Coca Cola Company, Huiyuan)

Today the Chinese Ministry of Commerce (MOFCOM) announced that it had denied antitrust approval of The Coca-Cola Company's proposed acquisition of a famous Chinese Juice manufacturer, China Huiyuan Juice Group Limited («Huiyuan»). MOFCOM's decision to block the Coke deal, after its conditional approval of InBev's acquisition of Anheuser-Busch in November 2008, is the second landmark decision by MOFCOM during its first eight months of enforcement of China's new Anti-Monopoly Law («AML»). However, the reasoning behind today's decision raises questions about MOFCOM's enforcement of the new law. Coca-Cola submitted its initial merger filing in September 2008. After several supplemental submissions, MOFCOM opened a second-stage review in December. Today's decision indicates that MOFCOM made

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Peter J. Wang, Yizhe Zhang, H. Stephen Harris, The Chinese Antitrust Authority denies merger approval between US leading soft drinks and Chinese juice manufacturers (Coca Cola Company, Huiyuan), 18 March 2009, e-Competitions Bulletin Prohibited mergers, Art. N° 33793

Visites 996

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues