A visitor walks through a booth for delivery giant Meituan at the China International Fair for Trade in Services in Beijing, Sept. 3, 2021. Photo: AP
A visitor walks through a booth for delivery giant Meituan at the China International Fair for Trade in Services in Beijing, Sept. 3, 2021. Photo: AP
Alibaba

China Big Tech faces tougher penalties for unfair pricing under revised antitrust law

  • The revised draft emphasises new rules for the digital economy, including a ban on using data, algorithms, technology and platform rules to facilitate unfair competition
  • Chinese regulators have been cracking down on such behaviour since late 2020 as part of Beijing’s efforts to curb the growing power of China Big Tech

A visitor walks through a booth for delivery giant Meituan at the China International Fair for Trade in Services in Beijing, Sept. 3, 2021. Photo: AP
A visitor walks through a booth for delivery giant Meituan at the China International Fair for Trade in Services in Beijing, Sept. 3, 2021. Photo: AP
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