China drafts anti-monopoly rules to rein in ecommerce giants

Date : 17 November 2020

Jiong-Jiong Yu

Senior Retail Analyst

The country’s major internet companies, such as Alibaba, and Meituan, are likely to be hit by the rules. Rules to prevent tech monopolies China’s State Administration for Market Regulation (SAMR) issued a draft of new anti-monopoly rules on 10 November. The goal is to prevent…
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