Power
China bars compliance with EU measures in JD.com-Ceconomy probe
China criticized the European Union's use of the Foreign Subsidies Regulation in its probe of JD.com's planned €2.2 billion takeover of German electronics retailer Ceconomy. China called the action improper extraterritorial jurisdiction and prohibited compliance with the measures, according to the supplied summary.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
Back to Newswire