Internet boom demands VIE clarity
March 20, 2014 | BY
clpstaff &clp articlesTencent, Alibaba and Baidu are battling to dominate the world's largest internet user base in a contest that highlights the need to clarify the use of variable interest entity structures
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The three businesses, together with thousands of others, are spending billions of dollars on M&A, making it imperative the nation set a regulatory standard to achieve consistent merger control and