China investigates Didi-Uber merger

ChinaChina’s Ministry of Commerce (MOFCOM) said today it’s launching a probe into the planned merger of Didi Chuxing with Uber’s China unit. A ministry spokesperson tells Reuters that it’s due to anti-monopoly concerns about the US$35 billion tech company that will result from the merger and which will totally dominate car-hailing and taxi-booking in the China market.

https://www.techinasia.com/china-investigating-didi-uber-merger

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