v 2009.3.18
Coca-Cola Company and Huiyuan Juice Group said that they respect the decision of the MOC.
v 2009.3.18
China's MOC announced that Coca-Cola's bid to acquire China Huiyuan Juice Group failed to meet the country's anti-monopoly law.
v 2008.12.2
Coca-Cola and Huiyuan jointedly announced that the MOC had begun its anti-trust review, which would continue until March 23, 2009.
v 2008.9.8
A group of domestic soft drink makers sought to submit a proposal to the MOC in a bid to block the takeover.
v 2008.9.3
Coca-Cola offered to buy Huiyuan, the nation's largest juice maker, for $2.4 billion in cash.


Coca Cola, Huiyuan Both "Respect" China's Decision
Coca-Cola Company and Huiyuan Group said that they respect the decision of the MOC to reject Coca-Cola's bid for China's largest juice maker.
•  Commerce Minister: Disapproval of Coca Cola-Huiyuan Deal Doesn't Signal Change in China's Investment Policy
Chinese Commerce Minister Chen Deming said on Sunday that it would be wrong to assume China didn't welcome foreign investment based on the country's disapproval of Coca-Cola's proposal to acquire Huiyuan Juice Group.
• China Denies Coca-Cola Decision Equals Trade Protectionism
China's disapproval on Coca-Cola's acquisition of Huiyuan Juice Group is not trade protectionism, said the Ministry of Commerce spokesman on Thursday.
• China Rejects Coca-Cola Bid to Buy Huiyuan
China's Ministry of Commerce has rejected a bid by Coca-Cola to acquire China's top juice maker Huiyuan, saying the takeover could stifle competition and harm the growth of small juice makers in China.
 
Survey

China's Ministry of Commerce(MOC) announced Wednesday morning that Coca-Cola's bid to acquire China Huiyuan Juice Group failed to meet the country's anti-monopoly law.

The MOC said on its Web site that the investigation, which "exactly followed relative laws and regulations," found the transaction may disturb market competition.

Huiyuan's shares on the Hong Kong stock market were down nearly 20 percent before being suspended Wednesday.

The acquisition of Huiyuan was the first major deal to test China's new anti-monopoly law, which took effect on Aug. 1, 2008.

Now, CRIENGLISH.com conducts an online survey in the follow to find out your opinions on the issue. Your participation is highly appreciated.

Related
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  • Coca-Cola Seeks Anti-trust Nod for Huiyuan Deal
  • Foreign Firms Keep Eye on Coca-Cola China Deal: EU Business
  • Coco-Cola Anti-trust Review Begins
  • Coke Offer for Huiyuan Triggers Widespread Worry for Famous Domestic Brand in China
  • Move to Stymie Bid for Huiyuan
  • Coca Cola to Invest 2 Billion USD in China
  • Snow and Quake Affect Huiyuan H1 Results
  •  
    Voices
    • Zuo Xiaolei: Failed Bid Makes No Essential Effect on Huiyuan
    The Ministry of Commerce announced Wednesday that it rejected a bid by Coca-Cola to acquire Huiyuan, saying the takeover could stifle competition and harm the growth of small juice makers in China.
    • Who is the Loser?
    A Xinhua News report cites insider consensus that the rejection by China's Commerce Ministry of Coca-Cola's bid to purchase Huiyuan Group won't influence Coca-Cola's long-term development in China too negatively.
    • European Chamber's Official Comment on MOFCOM's Outcome of Coca-Cola's Bid for Huiyuan
    The European Union Chamber of Commerce in China hopes that the detailed findings of the investigation into Coca-Cola's bid for Huiyuan, and the reasons behind the decision to reject the bid, will be made publicly available in the near future.
    Pro
    • Researcher: China Rejecting Coca-Cola Bid Not Means Protectionism
    The rejection of Coca-Cola's bid to acquire Huiyuan doesn't mean China is exercising protectionism, says Mei Xinyu, a researcher from China's Ministry of Commerce.
    • Researcher: MOC Solves Market Issues with Market Rules
    A researcher said the rejection of Coca-Cola's bid to buy Huiyuan is gratifying since the decision was made following globally accepted anti-monopoly investigations, not for protecting "national industry".
    Con
    Reasons Don't Stand: Expert
    None of the three points made by China's Ministry of Commerce to support its decision to reject Coca-Cola's acquisition of Huiyuan hold water, Jiang Zezhong, an economics professor with the Capital University of Economics and Business, said on Wednesday evening.
    Coca-Cola's Bid Does Not Mean Monopoly: Expert
    Coca-Cola's bid to acquire China Huiyuan Juice Group does not go against China's anti-monopoly law, Professor Zhao Xiao with the School of Business and Management University of Science and Technology Beijng said Wednesday evening, citing the decision of China's Ministry of Commerce (MOC) as "unwise".
    How do you think the failed bid will affect Coca-Cola?
    A setback.
    Not serious.
    It is hard to say, let''s wait and see


      
    How do you think the failed bid mean to Huiyuan?
    Bull.
    Bear.
    It is hard to say, let''s wait and see


      
    Do you think this is trade protectionism?
    Yes, apparently.
    No, it is not.
    I have no idea.


      
    What do you think of MOC''s rejection to the Coca-Cola''s bid?
    It is a good decision.
    It is a bad decision.
    It is hard to say, let''s wait and see.