Shares of e-commerce leader Alibaba dropped more than 8 per cent in Hong Kong ― just a week after regulators halted an enormous IPO for the group's financial arm ― while tech rival Tencent slipped more than 5 per cent. — Reuters pic
Rules published yesterday outlined plans to prevent “monopolistic behaviour” among internet companies, a shift from its previously more hands-off approach to antitrust issues. China's antitrust watchdog is also targeting acts constituting an “abuse of dominant market positions” that could squeeze out smaller rivals ― including unfair pricing, restricting transactions without justifiable reason, or pushing different prices and conditions on customers based on their buying habits.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più: