China’s antitrust watchdog deputises new sheriffs to rein in Wild West of online commerce

//China’s antitrust watchdog deputises new sheriffs to rein in Wild West of online commerce

China’s antitrust watchdog deputises new sheriffs to rein in Wild West of online commerce

The sheriff overseeing China’s Wild West of online commerce plans to appoint lots of new deputies to help it crack down on dubious internet activity ranging from fake reviews to inflated sales.In a move to curb unfair competition online, the State Administration for Market Regulation (SAMR), the watchdog that cut its teeth by wielding antitrust laws against Alibaba, Meituan and Tencent, released a draft of new rules this week which empower its municipal and provincial bureaus to investigate …

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By | 2021-08-20T09:15:16+00:00 August 20th, 2021|Technology|Comments Off on China’s antitrust watchdog deputises new sheriffs to rein in Wild West of online commerce