European Union: EU Commission investigation into the proposed joint venture by Savvy, Tencent and Ying
Progress
Current status
concluded
10 Aug 2023 concluded
Scope
Implementers
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
other service provider
software provider: other software
Government Branch
executive
Government Body
competition authority
Implementation Level
supranational
Timeline of events
Issued EU Commission ruling in investigation into the proposed joint venture by Savvy, Tencent and Ying approving the merger
On 10 August 2023, the European Commission (EC) ruled on the merger review regarding a joint venture by Savvy Games Group, Tencent Holdings Limited and Mr Ying Shuling, allowing for the creation of the joint venture. The new joint venture, VSPN Grou…
SourceEvent type
investigation
Action type
closure
Government branch
executive
Government body
competition authority