Tencent-driven DouYu and Huya merger blocked by Chinese antitrust regulator

Originally published on GamesIndustry.biz by Danielle Partis

Firm is looking to merge the streaming platforms to create a new market-dominating site

Share this article

Companies in this article

An antitrust regulator in China is reportedly seeking to block the merger between streaming sites, DouYu and Huya.

That’s according to Reuters, as well as three sources familiar with the deal, which is being overseen by Tencent.

Two of the three sources said that Tencent has failed to meet the State Administration of Marker Regulations (SAMR) requirements on giving up exclusive rights.

Tencent also recently withdrew its application to merge DouYu and Huya for an antitrust review. The firm allegedly had to wait 180 days

Continue reading article by clicking here...