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The Chinese government blocked Meta’s acquisition. https://archive.is/yFCIt https://archive.is/yFCIt

• fmajid 2mo ago
  The Chinese government may not be a bastion of the rule of law, but they at least seem to still have a functioning antitrust enforcement.
  • loeg 2mo ago
    This had nothing to do with antitrust.
    • AndrewKemendo 2mo ago
      What does it have to do with?
      • nutjob2 2mo ago
        Stopping Chinese nationals from freeing assets and funds from the grip of the Chinese government.
      • MaxPock 2mo ago
        It stops Singapore washing.
• fg137 2mo ago
  Interesting to know that Meta has business in China and needs the government's approval.
  • United857 2mo ago
    About 10% of Meta's ad revenue comes from Chinese companies reaching a international audience. They also manufacture most of their wearable devices in China.
  • Eridrus 2mo ago
    This was pressure on the founders and the fact that they have their families effectively hostage, not on Meta.