European Commission has opened an in‑depth investigation under the Foreign Subsidies Regulation into JD.com’s proposed acquisition of German retailer CECONOMY. Preliminary concerns that JD.com may have received foreign subsidies—such as preferential financing, tax incentives and grants from entities linked to the People’s Republic of China—could distort the EU internal market. The Commission is examining whether those subsidies enabled JD.com to offer a high purchase price and support CECONOMY’s growth plan, and whether the merged entity might gain an unfair competitive advantage after the transaction. The concentration was notified on 17 April 2026. The Commission has 90 working days, until 2 October 2026, to decide. Outcomes may include acceptance of commitments, prohibition of the merger or a no‑objection decision. The case number is FS.100253.
Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.