Asia M&A / Private Equity Newsletter
Antitrust Review or Regulation of Foreign Investment?: Understanding the PRC’s Anti-Monopoly Regime and the Coca-Cola/Huiyuan Decision

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On March 18, 2009, the Ministry of Commerce of the People’s Republic of China (“MOFCOM”) issued a decision (the “Coca-Cola/Huiyuan Decision”) prohibiting Coca-Cola Co. from acquiring China Huiyuan Juice Group Limited for approximately US$2.4 billion (the “Acquisition”), on the basis that the Acquisition would have adverse anticompetitive effects on the juice market in China.