The notice covers the EU's cross-border investigation practices against JD.com under the bloc's FSR and states that no organisation or individual may implement or assist in implementing the EU's measures.

China has ordered entities not to assist with the European Union's investigation into JD.com's (JD)

Ceconomy AG (MTTRY) reports strong Q3 with 8.2% like-for-like sales growth and confirms full-year adjusted EBIT guidance of around EUR 500 million.

The European Commission has opened a formal investigation into NasdaqGS:JD's proposed takeover of German electronics retailer Ceconomy. The review is being conducted under the EU Foreign Subsidies Regulation, which examines whether non EU state support distorts competition. The investigation brings closer scrutiny to JD.com's cross border expansion plans into Europe's consumer electronics market. JD.com, listed as NasdaqGS:JD, runs a large e commerce and logistics business in China with a...

Commission’s concerns centre on whether JD.com benefited from foreign subsidies that could bolster the merged company's market position and harm competition within the EU once the deal is finalised.

Chinese e-commerce giant JD.com was hit with formal ‌notice of regulatory concerns over its $2.5 billion ‌bid for German electronics retailer Ceconomy on Wednesday in a move ​that could require hefty concessions. The European Commission opened a full-scale investigation into the deal in May under the Foreign Subsidies Regulation that targets unfair foreign ‌state aid. The Commission was ⁠investigating whether JD.com received preferential financing, tax incentives and grants from the Chinese ⁠government that may have helped it to offer a higher price for Ceconomy.