Google to buy Tianya suspected illegal?

Google has completed the 60% stake in the end of the acquisition. According to sources close to Google China, Google has completed the 60% stake in the end of the takeover case. But Tianya is engaged in the Web services are a lot of restrictions on foreign investment in the field, so 60% of the equity acquisition may violate our country's relevant laws.

According to the telecommunication Regulations of the People's Republic of China, the eighth telecom business is divided into basic telecom business and value-added telecom business. The value-added telecommunications business refers to the service of telecommunications and information services provided by public network infrastructure. Tianya Operating Network community services belong to the value-added telecommunications services in the electronic bulletin business. According to the regulations promulgated by the State Council on the management of foreign-invested telecommunications enterprises, the Sixth article stipulates that the proportion of foreign investors in the enterprise shall not exceed 50% in the investment in the value-added telecommunication business (including the wireless paging service in the basic telecommunication business).

Google's takeover of 60% per cent of the horizon is a clear violation of the rules, the news showed. According to the links of Tianya website, Hainan Tianya Network Technology Co., Ltd. owns the "Value-added telecommunications business license." As a result, it is likely to be dismissed when it reports to government departments for approval.

At the same time, Tianya links also show that "Hainan online" with the State Council News office issued the "Internet News Service License", according to the content of the license, Hainan Online website and Tianya is the same legal representative-' Xing. If Hainan Online is also being acquired in this Google agreement, in violation of the State Council Information Office and the Ministry of Information Industry decree jointly issued the "Internet News Information Service management provisions" Nineth stipulates: "Any organization may not establish Sino-foreign joint ventures, Sino-Foreign cooperative operations and foreign-operated Internet news information Service units."

At the same time, the second paragraph of the article also stipulates that "Internet news information service units and domestic and foreign Sino-foreign joint ventures, Sino-Overseas cooperative Operations and foreign-owned enterprises engaged in Internet news information service business, should be reported to the State Council Information Office for security assessment." "In other words, even if the Hainan online is not within the scope of the acquisition, and its future to be Google's acquisition of the world of news cooperation, but also to be reported by the State Council Information Office approved."

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