What will you be watching on Friday? If you're anything like TheStreet's Jim Cramer, you'll be keeping an eye on Marriott's (MAR - Get Report) acquisition of Starwood Hotels & Resorts (HOT

On Friday, Starwood shareholders will vote on whether to approve the deal, with the board of directors supporting the deal. Normally these types of events aren't very noteworthy. 

But Cramer, the co-manager of the Action Alerts PLUS portfolio, is watching for other implications as well: The government. He's wondering if regulators will start analyzing the Chinese for wanting to buy U.S. stocks and companies. 

Maybe that wouldn't be a concern, if the government hadn't blocked the mega-merger between Allergan (AGN - Get Report) and Pfizer (PFE - Get Report) , and the tie-up between Baker Hughes (BHI and Halliburton (HAL - Get Report) within a few days of each other. 

The government is everywhere, Cramer said, adding that there may be chatter from investors surrounding the Starwood-Marriott deal about whether regulators will start to play an even larger role in M&A going forward. 

At the time of publication, Cramer's Action Alerts PLUS had a long position in AGN.