Community group buying enables residents to purchase groceries and daily essentials in bulk via a community leader but regulators are concerned it might hurt small shop owners. Photo: EPA-EFE
Community group buying enables residents to purchase groceries and daily essentials in bulk via a community leader but regulators are concerned it might hurt small shop owners. Photo: EPA-EFE
Regulation

Beijing lectures Alibaba, Tencent, Meituan and Pinduoduo in new antitrust warning to Big Tech

  • China’s market regulator told six of the country’s internet giants that it is concerned about problems of pricing and competition in community group buying services
  • Regulators are becoming more aggressive in managing risks stemming from Big Tech after learning from experiences in ride hailing and bike sharing

Community group buying enables residents to purchase groceries and daily essentials in bulk via a community leader but regulators are concerned it might hurt small shop owners. Photo: EPA-EFE
Community group buying enables residents to purchase groceries and daily essentials in bulk via a community leader but regulators are concerned it might hurt small shop owners. Photo: EPA-EFE
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