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PingAn Insurance faces antitrust complaint in China over acquisition of Autohome

By MLex Staff ( May 12, 2016, 04:31 GMT | Insight) -- A shareholder of Chinese online car retailer Autohome has lodged an official complaint to the Ministry of Commerce, the merger regulator, accusing financial conglomerate PingAn Insurance Group of violating the Antimonopoly Law, or AML, and failing to notify its purchase of a controlling stake in Autohome.A shareholder of Chinese online car retailer Autohome has lodged an official complaint to the Ministry of Commerce, the merger regulator, accusing financial conglomerate PingAn Insurance Group of violating the Antimonopoly Law, or AML, and failing to notify its purchase of a controlling stake in Autohome....

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