Law360, New York (March 25, 2009, 12:00 AM EDT) -- Recently 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.
MOFCOM’s decision to block the 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 the Huiyuan decision raises questions about MOFCOM’s enforcement of the new law....
Troubleshooting China's Stance On Coca-Cola
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