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Monopoly

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China to Google: You think you can buy Motorola without asking our permission? Think again – China Business

www.reuters.com — China's Commerce Ministry said it had not received an application for regulatory approval from Google Inc on its planned $12.5 billion purchase of Motorola Mobility Holdings.

Under Chinese laws, enterprises that run businesses in China and that earn annual revenues of 10 billion yuan globally and 400 million yuan in China must seek government approval for a proposed acquisition.

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Submitted by chengdoo

24 weeks 7 hours ago Made popular 23 weeks 6 days ago

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China Dependent On Tobacco In More Ways Than One – China News

www.npr.org — Some of this article is stuff we've all heard about or already know, but there are a few things which were news to me. One, the deputy director of the State Tobacco Monopoly is Li Keming; he's the brother of the man tipped to be China's next premier, Li Keqiang. Also, the article discusses farmers being forced into growing tobacco and what it means to them.

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Submitted by Heiney

50 weeks 5 days ago Made popular 50 weeks 4 days ago

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Fallout from the Stern Hu case – China Business

az-china.com — Rio Tinto: All foreign staff to leave China. BHP Billiton, similar. Monopolistic companies flee China fearing fallout from the establishment of a monopolistic competitor.