Beijing bans merger of Tencent gaming outfits Huya and DouYu, to prevent a monopoly


Source: anith.com anith.com

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Want to know what did get approval? Tencent’s bring-it-home acquisition of search engine Sogou Chinese regulators have refused to approve the merger of two Chinese game streaming services, citing the potential for creating a monopoly in the industry for the part-owner of both companies — tech giant Tencent.…