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Monday, April 26, 2021

China probes takeout firm Meituan over antitrust behavior


HONG KONG (AP) — China’s market regulator said Monday it has launched a probe into suspected monopolistic behavior by food delivery firm Meituan. The investigation comes amid increased scrutiny of internet companies suspected of anti-competitive practices. The State Administration for Market Regulation said in a statement that it was looking into Meituan’s policies, including exclusivity […]

source https://www.seattletimes.com/business/china-probes-takeout-firm-meituan-over-antitrust-behavior/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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