anti-monopoly Archives

U.S. Senate Panel Approves Tech Antitrust Bill, Some Chinese Companies May Be Affected

According to the new standard, TikTok, which is owned by ByteDance, and the international version of WeChat owned by Tencent will be included in the jurisdiction.

China’s State Administration for Market Regulation Unveils 43 Anti-monopoly Cases

Most of them were internet enterprises, including Baidu, Alibaba, Tencent, Meituan, ByteDance, JD.com, Suning.com, Sina, 58 Group and more.

Meituan to be Fined $1 Billion for Suspected Monopolistic Market Behavior

Chinese antitrust regulators are considering to fine Meituan, the country's largest online catering platform, about $1 billion for allegedly monopolistic behavior, the Wall Street Journal reported on Friday, citing sources familiar with the matter.

China’s Top Market Regulator Bans Merger of Tencent’s Video Game Streamers Huya, DouYu

China's market regulator on Saturday blocked tech giant Tencent's merger of Huya and Douyu, two videogame streaming platforms.

Tencent Music Entertainment Admits Regulatory Pressure After Delivering Solid Q1 Performance

Chinese streaming giant Tencent Music Entertainment (TME) confirmed on Tuesday that it is facing heightened scrutiny from antitrust regulators after reporting better-than-expected first quarter financial results the previous day.

Ant Group Promises Anti-monopoly Reform following Chinese Government Crackdown

The Chinese government recently ordered a structural reform of Jack Ma’s Ant Group.

58.com CEO Calls for Four Billion Yuan Anti-monopoly Fine on Beike

58.com CEO Yao Jinbo on April 10 posted in his WeChat Moments to call for a national antitrust fine of four billion yuan to be imposed on its own competitor Beike, China’s leading online real estate platform.

China’s Anti-Monopoly Watchdogs Issue New Rules to Tech Giants For Fairer Market Play

China’s regulatory watchdog on Feb. 7 released new anti-monopoly regulations targeting tech giants and a recent escalation in unfair competition.

Meituan Faces Anti-monopoly Probe for Banning Alipay on Its Apps

Meituan is facing an anti-monopoly investigation for abusing its dominant position as the government steps up scrutiny of the country’s biggest tech companies.

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