Ceconomy: China droht EU im Streit um JD.com
Die EU prüft, ob JD.com bei der geplanten Ceconomy-Übernahme unfaire Vorteile durch Subventionen hat. Peking kündigt Gegenmaßnahmen an.
Düsseldorf and Shenzhen - China has threatened the European Union with countermeasures over its investigation into JD.com's planned acquisition of Ceconomy, the media-market arm of Saturn, a subsidiary of the German retail giant MediaMarkt. Beijing has vowed to respond decisively if the EU persists with its approach, according to the Chinese Ministry of Justice.
Simultaneously, Beijing has banned organizations and individuals from assisting the EU in certain inquiries within China. The Ministry accused Brussels of demanding extensive and unnecessary information from China. The EU Commission is examining the proposed takeover since May, scrutinizing whether JD.com received subsidies from China that could distort competition, including favorable financing, tax breaks, and grants.
JD.com denies the allegations, but reportedly offered concessions to the EU Commission, the exact nature of which remains unclear. This information was disclosed by the Commission on Thursday. Brussels' approval is a prerequisite for the ownership change. State aid is subject to strict EU rules to prevent competitive distortion.
An EU Commission spokesperson emphasized the importance of equal competition conditions on Thursday.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
