Tag: ceconomy deal,
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EU regulator sends charge sheet to JD.com over Ceconomy deal
BRUSSELS, July 22 : The European Commission on Wednesday outlined its objections to Chinese e-commerce giant JD.com over its acquisition of German electronics retailer Ceconomy as it stepped up its investigation into the deal.”The issuing of a statement of grounds is a formal step in an investigation under th
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EU regulators to issue formal warning to JD.com over Ceconomy deal, sources say
BRUSSELS, July 22 : EU regulators will issue formal charges against Chinese e-commerce giant JD.com over its $2.5 billion bid for German electronics retailer Ceconomy, underlining their concerns of unfair subsidies, people familiar with the matter said.The charges, known as a statement of grounds under the Fo
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