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.
11/23/20212 min read
Tag: #anti-monopoly
Showing 9 of 9 posts with this tag
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.
2/8/20212 min read
Ant Group Promises Anti-monopoly Reform following Chinese Government Crackdown
The Chinese government recently ordered a structural reform of Jack Ma’s Ant Group.
4/13/20213 min read
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.
8/6/20212 min read
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.
5/18/20213 min read
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.
1/22/20223 min read
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.
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.
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.