Wednesday, March 18, 2009

China Stands Up to Big Business

It seems Coca Cola's attempt to buy a large Chinese beverage producer failed. The commerce ministry is quoted as saying China was worried that the merger would “set up some exclusive terms to restrict competition in the juice market.”

Unofficial reports have the government also saying, "But we're going to to go ahead with the whole authoritarian police state thing." He added, "Weren't the Olympics great?!"

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