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China’s Mofcom lifts antitrust remedies on Henkel Hong Kong, Tiande Chemical JV

( February 2, 2018, 09:30 GMT | Official Statement) -- MLex Summary: China’s Ministry of Commerce has decided to remove antitrust remedies it imposed on Feb. 9, 2012, on a joint venture between Henkel Hong Kong Holdings and Tiande Chemical, noting the fact that the JV has become a wholly owned subsidiary of Tiande Chemical, according to a decision published by the ministry today. Mofcom said that the two firms had fulfilled obligations such as supplying ethyl cyanoacetate to all downstream customers in a fair, reasonable and non-discriminatory manner, and that the lifting of the remedies would not have a negative impact on competition.Mofcom’s decision follows:...

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