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WDC being a real Bain in the butt as it tries to bar Toshiba memory sale

WTF?

Chinese Government?

"Bain has applied to the Chinese government for regulatory approval of the deal."

Why the Chinese government? Isn't Toshiba a Japanese company? Did I miss something?

Dave

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Anonymous Coward

Re: Chinese Government?

The Chinese state trade/competition regulator applies its rulings in China, Unless it approves the Bain deal then the Bain-led consortium would be unable to sell its chips in China. This regulator prevented WDC from integrating its bought HGST subsidiary fully into WDC for 2 years because of HGST factories operating in China.

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... and such is the growing influence of China....

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