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China's State Administration for Market Regulation

China's State Administration for Market Regulation
The latest news and top stories on China’s State Administration for Market Regulation. A prominent Beijing-based governmental body, China’s State Administration for Market Regulation (SAMR) is a ministerial-level agency under the State Council. Established in 2018, its primary mission is comprehensive market supervision and management. SAMR’s main areas of activity include antitrust enforcement, market entity registration, product quality and safety regulation and overseeing standards testing certification. It plays a crucial role in maintaining market order, promoting fair competition and ensuring consumer protection across various sectors, including e-commerce and emerging industries like new energy vehicles.
Tencent

Tencent wins conditional antitrust approval for US$2.4b Ximalaya acquisition

The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions.

China bans e-commerce platforms from forcing lowest prices or abusing algorithms

China wives use AI videos of homeless men breaking into homes to test husbands’ love

Police slam homeless home invader prank describing it as ‘fear mongering’ as calls mount for greater regulation of AI-generated content.

China scrambles to fix price wars – by updating a law from 1998. Here’s why

As disorderly competition fuels a ‘race to the bottom’ across Chinese sectors, Beijing takes aim at pricing legislation that has gone untouched for 27 years.

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