Is China The New Regulator?

Posted by Bull Bear Trader | 3/28/2008 12:49:00 PM | , , , | 0 comments »

The NY Times is reporting that a new law in China could impede the Microsoft deal for Yahoo if things progress beyond August 1st, once a new Chinese anitmonopoly law takes effect. Yahoo's 40% stake in could cause the problem. Beyond the Microsoft-Yahoo deal, this new law could place China in a position similar to the U.S. and European Union with regard to regulatory oversight. Increased cross-investment will only continue to complicate regulatory matters.

Tickers: MSFT, YHOO