Economy

Markets

Industries

Insights

Reports

Events

Coke fails to pass anti-monopoly review for purchase of Huiyuan

By Diao Ying and Lu Haoting (chinadaily.com.cn)
Updated: 2009-03-18 14:16

This filephoto taken on Sept 5, 2008 shows a can of Coca-Cola next to a carton of Huiyuan apple juice in a supermarket in Shanghai. [Asianewsphoto]

Ministry of Commerce said on Wednesday that Coca-Cola's bid to acquire China Huiyuan Juice Group did not pass anti-monopoly review.

The ministry said the acquisition would affect or limit competition and is not conducive to the healthy development of China's juice industry.