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Apr 2, 2008

New Chinese Law could be Hurdle in Microhoo Deal

A new antimonopoly law in China could be the make or break for the proposed purchase of Yahoo! by Microsoft.
The New York Times has reported that the Chinese government is activating this new legislation from August 1 2008 and gives "Chinese regulators authority to examine foreign businesses investing in Chinese companies’ operations".

Click Here to read the topic from Ineedhits Blog

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