EU Reviews JD.com's Acquisition of Ceconomy Over Subsidy Concerns
The European Union is reviewing JD.com's $2.5 billion acquisition of Ceconomy due to concerns about potential foreign state subsidies. The European Commission has set a deadline for its preliminary examination, and if concerns persist, a deeper investigation may follow. The deal is being assessed under the EU's Foreign Subsidies Regulation, not standard merger control rules.
Tickers: $JD
Topics: Ceconomy EU competition law foreign subsidies JD.com merger review regulatory scrutiny