China widens internet crackdown with Meituan monopoly probe

Business Apr 27, 2021

China widens internet crackdown with Meituan monopoly probe

by Coco Liu

China’s government has expanded its antitrust crackdown beyond Jack Ma’s technology empire, launching an investigation into suspected monopolistic practices by food-delivery behemoth Meituan. The State Administration for Market Regulation is looking into alleged abuses including forced exclusivity arrangements known as "pick one of two,” employing ...