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Chapter 1412 Distant Monopoly Case(1/2)

On February 19, Li Dong returned to Pingchuan.

Of course, it is not a cargo plane, but a civil aviation return.

It’s okay to send someone to the freighter, but Li Dong is too lazy to suffer that.

Just as Li Dong returned to Pingchuan, something big and small happened in the business world again.

On the 19th, the Ministry of Commerce issued a notice that the case of Coca-Cola's acquisition of Huiyuan Company will have an adverse impact on its competitors, so the Ministry of Commerce made a decision to prohibit this acquisition in accordance with the law.

This is the first unpassed merger and acquisition case since the implementation of the Anti-Monopoly Law in August 2008.

Although it was expected, when the official announcement was released, it still caused shock in the business community.

On the same day, the heads of China Resources, Bailian and Suning Groups rushed to the capital and headed straight to the Ministry of Commerce!

This time, the heads of several major groups went to Beijing without any concealment.

Even Zhang Jindong, the head of Suning, was interviewed by the media in Beijing and said bluntly that this time he went to Beijing was for the sake of a distance!

The establishment of a retail industry association in the long run has broken the market laws and destroyed market stability.

Since Coca-Cola's acquisition of Huiyuan will have an adverse impact on its competitors and will be banned according to law.

Yuanfang's move is more serious than Coca-Cola, and Yuanfang Retail Industry Association should not exist at all.

The three major retail giants collectively accused the distant places, and foreign retail has also begun to make trouble.

The existence of the distance has broken the market balance, especially against foreign-funded enterprises, which is seriously hostile in the distance.

Since China is preparing to integrate into the world, Coca-Cola is prohibited from acquiring local enterprises this time. As a world power, it should not be treated unfairly.

In 2008, Yuanfang acquired Carrefour, and the Ministry of Commerce took the initiative to help both parties to facilitate this gap and comparison. How can foreign capital enter China's investment with confidence?

Not only retail groups, Faebook launched a simplified Chinese version in June 2008, but it has not been approved in China.

Moreover, due to some political speech issues, Faebook's implementation in China has been severely hindered and has been unable to open up the market for a long time.

In contrast, the long-distance Weibo has successfully passed the bill in the United States, Europe, and around the world, and the local government has not exerted too much resistance.

The existence in the distance has had a serious impact on the commercial market.

As soon as the Coca-Cola case was released, some large groups at home and abroad went barefoot to fight, hoping to take this opportunity to cause heavy damage to the distance!

At the very least, retail alliances should not be established and are not allowed to be established.

Once the retail alliance integrates resources and forms combat effectiveness, its annual revenue exceeds 500 billion, exceeding the total revenue of the other 9 companies in the top ten.

Shortly after the bosses of several groups went to the capital in person, the Ministry of Commerce announced that they would accept the distant monopoly case.

As soon as the news came out, the business world was shocked!

...

Pingchuan Airport.

Li Dong got the news as soon as he got off the plane, and his face looked a little gloomy.

Taking his subordinates, Li Dong quickly walked out.

Outside the airport, there are many media reporters.

When they saw Li Dong coming out, the media rushed up one after another.

A reporter shouted: "Mr. Li, now major retail groups at home and abroad, including Internet groups, are accusing Far East of destroying the balance of the commercial market. The Ministry of Commerce has announced that it will accept the case of Far East of Monopoly. What do you think?"

Li Dong stopped and said solemnly: "Nonsense!

In business competition, you cannot surpass the distance. You are expected to use evil ways to slow down the distance. This is the manifestation of the incompetent!

I have never thought about monopoly in the distance, and I can't do this!

What should I say? First, Yuanfang is not a controlling shareholder, but only holds some equity in some companies and does not participate in the actual management of the company.

According to their statement, some investment companies and investment banks are involved in monopoly, and the monopoly is not an industry!

Second, in 2008, the total retail sales of consumer goods in China reached 15 trillion!

How many are there?

Even if you control all the companies we cooperate with, what can you do?

The total revenue is only 500 billion, but the online shopping market is still included, accounting for 3%!

Are there companies that monopolize the market with a market share of 3%?

The Ministry of Commerce’s acceptance of this case does not mean that it is our failure in the end. Some companies do not want to find the fundamental reason and blame the competitors for the failure, which is extremely incompetent!

Third, the fact that Faebook cannot be implemented in China has nothing to do with the government or far away!

Does the promotion of enterprises require the government and our competitors to help?

Faebook is not suitable for China's national conditions. If you do not understand the needs of Chinese users and do not consider the reality, failure is inevitable.

What's more, as a platform for public opinion, the other party is the platform's attitude.

Weibo has been impartial in the United States, Europe, and around the world, adapting to local national conditions, considering the attitude of the local government, and not involving politics.

But what about faebook?

They look down on Chinese companies from the bottom of their hearts, look down on Chinese governments, and do not care about the demands of Chinese people.

It is their own responsibility to not promote such companies in China, so what does it have to do with us?

Zuckerberg has always been one of the entrepreneurs I admire very much, but this time, if the above to the Ministry of Commerce was written by him, I would like to say, I am very disappointed!

Weibo has also experienced many obstacles in the international market, but we all look for reasons from ourselves and never blame the government and competing companies.

Building a great company has always been my goal, and I am working hard in this direction from afar.

But my opponents disappointed me again and again.

I firmly believe that these small means cannot defeat me, Li Dong, and cannot defeat the distant place!

I believe in the government and the Ministry of Commerce, and will give us a fair ruling.

A company will experience various hardships in its growth process, and now it is just a trivial part of the hardships in the distance."

Li Dong finished what he wanted to say in one breath, and finally said loudly: "The fundamentals of a company lies in itself. I would like to advise other companies to focus on their energy and improve their companies, rather than thinking about suppressing their competitors all day long.

Putting pressure on the government is an irresponsible manifestation.

I really want to play, I, Li Dong, can play more amazingly than you. This move is not only for people to feel that you are so harsh but also for being weak on the inside, but there is no substantial benefit.

Wasting government resources, social resources, and delaying each other's time, such enterprises will sooner or later be eliminated by the times!"

...

Li Dong angrily scolded major companies at Pingchuan Airport. As soon as the news came out, the world was attracted by attention.

However, the several companies involved chose to remain silent.

Li Dong angrily denounced that it was his business, but what should be done is their own business.

If Li Dong is not restricted, all companies will face big trouble. As for face, people don’t care too much now.

Moreover, whether it involves monopoly is not decided by them, whether Li Dong has the final say, nor is it that netizens have the final say, it depends on the government's attitude.

This time the Ministry of Commerce was pushed to the forefront.

As soon as the Coca-Cola case was announced, the distant monopoly case was put on the agenda.

The previous one is foreign investment, and the Ministry of Commerce chose to terminate the merger and acquisition.

Behind are Chinese private enterprises and local giant enterprises. If they cannot be justified and evidenced this time and can convince the world, then China's business environment will be questioned by the whole world.

...

Capital.

Several leaders of the Ministry of Commerce looked heavy, and many of them looked even more gloomy.

Conference room.

Someone angrily said: "China Resources and Bailian, as state-owned enterprises, have they taken the lead and considered the national image at this time?

For the sake of one's own selfishness, the country is ignored. How can such a company claim to be a state-owned enterprise?

On the SASAC, don’t you have to be responsible for this matter?

Accountability will be held to the person in charge of China Resources and Bailian!”

As soon as he finished speaking, someone immediately responded: "You can't say this. In the final analysis, it's still the Yuanfang Group.

In my opinion, there is nothing wrong with the demands of several groups.

Li Dong said at Pingchuan Airport that the total retail sales of consumer goods reached 15 trillion yuan, which is true.

However, the size of the department store industry is only counted as the top 100 companies, and the sales volume does not exceed 2 trillion yuan.

A company controlled by Yuanfang has a scale of more than 25%, which has touched the bottom line of monopoly."

"Minister Chen, according to your intention, is it necessary to terminate the establishment of the Yuanfang Retail Industry Association?

But don’t forget, if this is the case, can you convince yourself from afar?
To be continued...
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