China antitrust regulator blocks Tencent gaming site merger
By Alexdemarco in Technology
Updated 3 years ago
China's financial regulator has blocked a merger of the nation's two largest video game live-streaming sites planned by tech giant Tencent over antitrust concerns, it said Saturday. "If Huya and Douyu merged, that would... further strengthen Tencent's dominant position in the video game live-streaming market," Beijing's State Administration for Market Regulation (SAMR) said in an online statement.