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Global Trade Alert

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United States of America: National security concerns lead to requirement that Chinese firm divest itself of PatientsLikeMe

Description

On June 24, 2019 UnitedHealth Group purchased the health-tech start-up company PatientsLikeMe, a firm that the Committee on Foreign Investment in the United States (CFIUS) obliged to seek out a new bu...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

04 Apr 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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