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​Comment: II-VI-Finisar deal clearance remedy highlights Chinese regulator's grip on 5G market

By Yonnex Li ( September 24, 2019, 10:50 GMT | Comment) -- A requirement imposed by China's competition regulator on US optical parts maker II-VI's $3.2 billion plan to buy out American peer Finisar indicates the regulator's tight grip on a product that plays a key role in 5G optical network development. The State Administration for Market Regulation has published its decision to clear the acquisition with conditions, including a requirement that II-VI and Finisar keep their wavelength selective switch, or WSS, units independent for a period of three years.A requirement imposed by China's competition regulator on US optical parts maker II-VI's $3.2 billion plan to buy out American peer Finisar indicates the regulator's tight grip on a product that plays a key role in 5G optical network development....

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