China Blocks Meta-Manus AI Acquisition
On April 27, 2026, China’s top planning agency (likely the National Development and Reform Commission – NDRC) officially blocked the acquisition of the US-based AI startup Manus by Meta (formerly Facebook). Why Can China Block a US-US Deal? (The Nexus Rule) In global antitrust law, if the companies involved have significant business operations, revenue, or […]
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