China market regulator fines 12 companies for illegal monopolistic behaviours

Italia Notizia Notizia

China market regulator fines 12 companies for illegal monopolistic behaviours
Italia Ultime Notizie,Italia Notizie

BEIJING: China's market regulator said on Friday it has fined 12 companies related to 10 deals that demonstrated illegal monopolistic behaviour.

  • 📰 staronline
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

The State Administration for Market Regulation said in a statement on Friday that the companies include Baidu Inc , Tencent Holdings, Didi Chuxing, and a ByteDance-backed firm.Baidu, Tencent, ByteDance and Didi did not immediately respond to requests for comment.

China has stepped up its scrutiny of the country's internet giants in recent months and has in particular cited concerns over monopolistic behaviour and potential infringements of consumer rights. The SAMR has fined Alibaba, Tencent-backed China Literature and other firms for not reporting deals properly for anti-trust reviews. - Reuters

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:

staronline /  🏆 4. in İT
 

Italia Ultime Notizie, Italia Notizie



Render Time: 2025-01-14 23:23:24