EU opens in-depth investigation into JD.com's acquisition of Ceconomy under Foreign Subsidies Regulation (ec.europa.eu)

• First FSR probe into Chinese acquisition
• JD.com seeks to acquire German retailer Ceconomy
• Concerns over potential market distortion from foreign subsidies

"The European Commission has launched its first in-depth probe under the Foreign Subsidies Regulation into JD.com's proposed acquisition of German retailer Ceconomy. Preliminary concerns suggest JD.com may have received foreign subsidies that could distort the EU internal market. The investigation marks a significant step in EU enforcement against potential market distortions from state-backed Chinese companies."