JDcom Ceconomy Concessions Face EU Rival Pushback
Competitors have criticized JD.com's proposed concessions to address EU subsidy concerns regarding its acquisition of German retailer Ceconomy. The European Commission is reviewing the multi-billion dollar deal under foreign subsidy rules.
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JD.COM INC-CLASS A faces pushback from rivals over concessions offered to secure EU approval for its $2.5B acquisition of CECONOMY AG, people familiar with the matter said on Wednesday morning.
