Antitrust watchdog investigates Didi-Uber merger
China’s antitrust watchdog says it is investigating whether the merger between ride-hailing service providers Didi Chuxing and the China unit of the USbased Uber Technologies Inc represents a potential monopoly.
A spokesman for the Ministry of Commerce said at a news conference in Beijing that the two companies completed the merger deal on Aug 2 right after they announced their agreement to tie-up on Aug 1 without filing any application to the ministry in advance. The antitrust bureau of the ministry has asked Didi to explain why it did not do so.
The spokesman said the bureau has talked to related government organizations and enterprises to understand the market competition of the ride-hailing industry brought by the deal and will push the investigation forward to make sure the playing field is leveled and the interest of consumers is protected.