Logo 06 Jul 2021

SAMR to block Tencent’s gaming merger

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On Monday, Reuters reported that the antitrust regulator (SAMR) is looking to block Tencent’s plan to merge China’s top two video game live-streaming platforms Huya and Douyu. 
Some context: Tencent is the biggest shareholder of both platforms. It orchestrated the merger back in October, b...