Feb 8, 2021
China’s tech giants face new anti-monopoly rules
New anti-monopoly rules for China's tech giants were introduced on Sunday. The rules are aimed at stopping China's e-commerce giants Alibaba and JD.com from abusing their dominant market position. Specifically, the rules stop e-commerce platforms from forcing vendors to deal exclusively with them. "The behaviour is more concealed, the use of data, algorithms, platform rules and so on make it more difficult to discover and determine what are monopoly agreements," SAMR said. The new rules come into effect as China takes a firmer line against alleged anti-competitive behaviour.
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