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China’s new antitrust rules could increase Big Tech scrutiny, adding hurdles to start-up acquisitions

SCMP LogoSCMP7 mo ago

China’s new antitrust rules could increase Big Tech scrutiny, adding hurdles to start-up acquisitions - SCMP

Quick Summary:

Under the new rules, companies valued at US$120 million or more would need regulatory approval for M&A deals involving firms with US$15 billion in revenue.

China’s newly proposed antitrust rules are seen as targeting Big Tech acquisitions of start-ups.


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China’s new antitrust rules could increase Big Tech scrutiny, adding hurdles to start-up acquisitions - SCMP (Picture 1)

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Article Details

Author / Journalist: Xinmei Shen

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29 @ 07:00:22 (7 months ago)

News Timezone: GMT +8:00

Ranking: #1861 (out of 4008 stories this day)

News Source URL: scmp.com

Language: English

Article Length: 28 words

Reading Time: 1 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 19336

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About SCMP

SCMP Logo

Main Topics: Technology

Official Website: scmp.com

Update Frequency: 2 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 6 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #41

Publisher Details

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The story "China’s new antitrust rules could increase Big Tech scrutiny, adding hurdles to start-up acquisitions" was covered 7 months ago by SCMP, a news publisher based in Hong Kong.

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  • News ID: #19336
  • URL: https://beamstart.com/news/chinas-new-antitrust-rules-could-16564590305960

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