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Huya, DouYu merger blocked by China's SAMR as remedies fail to resolve concerns (English version)

By MLex Staff ( July 15, 2021, 05:26 GMT | Insight) -- A merger between Huya and DouYu has been prohibited by China's competition authority, after the regulator determined that an April 22 remedy package submitted by Tencent, which owns stakes in both companies, failed to resolve the deal's anticompetitive effects in the country's domestic game live-streaming market and online-game operation-service market. MLex provides an English translation of the decision. Below is an English translation of the decision, provided by MLex. The original decision in Chinese can be found here....

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