The Ministry of Commerce to carry out antitrust investigation with yuho drops drops two interviews

data map. China News Agency reporter Wu Junjie photo

Beijing in September 2, the Ministry of Commerce held a regular press conference today, said spokesman Shen Danyang, Didi yuho merger is not declare to the Ministry of Commerce, the Ministry of Commerce has launched an antitrust investigation of yuho drops merger, two interviews drops travel, the reason that Ming transactions, undeclared. Submit relevant documents and materials.

Shen Danyang introduction, in August 1, 2016, the amount of miles announced a global strategic agreement with the excellent step, the acquisition of the assets of the excellent step china. August 2nd, the parties to the transaction to perform the registration of changes in equity, the completion of delivery. The case had not been declared to the Ministry of Commerce; after causing widespread concern in the community, there are also reports to the Ministry of Commerce to inform the parties not to declare the transaction.

Shen Danyang said that the Ministry of commerce is in accordance with the "anti-monopoly law" and the "State Council on the standard for declaration of concentration of business operators provisions", "measures" and the "Declaration of concentration of business operators undeclared business law concentration investigation procedures" and other relevant laws and regulations in accordance with the law of the case investigation. As of now, Anti-monopoly Bureau of the Ministry of Commerce has interviewed two times by travel, asking them to explain the causes of transactions, undeclared, submit relevant documents and materials and put forward by the Ministry of Commerce of the list of issues; discussions with relevant departments and enterprises to understand the network about the car operation mode and related market competition.

the next step, the Ministry of Commerce will continue to promote the case investigation in accordance with the law, to protect fair competition in the relevant market, safeguard the interests of consumers and social public interests.

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