In the news: MOFCOM blocks Maersk merger, pharma execs leave China, officials resign from company boards and PetroChina cuts staff in Iraq
June 20, 2014 | BY
clpstaff &clp articlesThis week MOFCOM prohibited a shipping alliance, foreign pharmaceutical executives revealed their fear of arrest, government officials kept resigning from company boards and PetroChina counted the cost of unrest in the Middle East
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MOFCOM blocks Maersk merger
The MOFCOM antitrust bureau published its decision on June 17 to block the alliance between container shipping companies Maersk Line, Mediterranean Shipping Company and CMA CGM.