China antitrust: Tencent boss said to meet market officials as scrutiny widens

//China antitrust: Tencent boss said to meet market officials as scrutiny widens

China antitrust: Tencent boss said to meet market officials as scrutiny widens

Pony Ma, the reticent founder of Tencent Holdings, China’s biggest social media and video games company, met with China’s antitrust watchdog officials this month to discuss compliance at his group, two people with direct knowledge said.The meeting is the most concrete indication yet that China’s unprecedented antitrust crackdown, which started late last year with billionaire Jack Ma’s Alibaba business empire, could soon target other internet behemoths.Beijing has vowed to strengthen oversight…

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By | 2021-03-24T03:26:24+00:00 March 24th, 2021|Technology|Comments Off on China antitrust: Tencent boss said to meet market officials as scrutiny widens