Skip to content

Anti-monopoly in China: Coco Cola Denied Bid to Purchase Largest Chinese Juice Producer

China’s Anti-monopoly Bureau of Ministry of Commerce denied the U.S. company’s bid to purchase Huiyuan Juice, according to a release by the Ministry’s press office on March 18, 2009, on grounds that the proposed acquisition may restrict competition and harm local producers. On September 18, 2008 Coca-Cola’s submitted application to China’s Anti-monopoly Bureau for clearance to purchase Huiyuan Juice, China’s largest juice producer. Review of the application started November 19, 2008.

Source: Ministry of Commerce of China, March 18, 2009