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Chinese express locker operator Hive Box bags $400m from Trustbridge, others
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Hive Box Holding Limited, the holding company of the Chinese delivery services and logistics giant SF Express, has secured $400 million from investors to deepen its market presence in the country, according to a company filing with the Shenzhen Stock Exchange on Friday.
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General
China affirms application of merger control to VIE structures with gun-jumping penalties
European Commission positive about implementation of Damages Directive
Digital/TMT
Facebook hit with U.S. antitrust suits over past deals and ongoing conduct
ECJ annulment of Commission’s Paramount pay-TV decision gives third parties more weight in the commitments process
Energy & Infrastructure
Life Sciences
General
U.S. FTC merger enforcement gathers pace
This month we have seen a flurry of activity on the merger control front from the U.S. Federal Trade Commission (FTC). Grabbing the headlines is the announcement that the FTC (and 48 attorneys general) have filed suit against Facebook, alleging that the firm breached antitrust laws through acquisitions and other conduct – see below for a separate article which sets out what you need to know.