JD.com, Meituan and ByteDance among the first to pledge antitrust compliance after being told by Beijing to learn a lesson from Alibaba

//JD.com, Meituan and ByteDance among the first to pledge antitrust compliance after being told by Beijing to learn a lesson from Alibaba

JD.com, Meituan and ByteDance among the first to pledge antitrust compliance after being told by Beijing to learn a lesson from Alibaba

JD.com, Meituan and ByteDance led the first group of Chinese Big Tech companies to pledge compliance with the law, a day after regulators told them to “learn a lesson” from Alibaba Group Holding in Beijing’s latest antitrust crackdown. On Wednesday, 12 of the 34 tech companies lectured by authorities on Tuesday had issued public statements disclosing their commitment to do business in compliance with laws, after being told to take note of Alibaba’s recent antitrust punishment and to conduct…

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By | 2021-04-14T05:24:02+00:00 April 14th, 2021|Business|Comments Off on JD.com, Meituan and ByteDance among the first to pledge antitrust compliance after being told by Beijing to learn a lesson from Alibaba