China issues new anti-monopoly rules targeting its tech giants

Reuters Staff - Reuters|

Photo by JJ Ying on Unsplash

China’s market regulator released new anti-monopoly guidelines that target internet platforms, tightening existing restrictions faced by the country’s tech giants. The rules, issued by the State Administration for Market Regulation (SAMR) on its website, bar companies from a range of behaviour, including forcing merchants to choose between the country’s top internet players, a long-time practice in the market.

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