April 26 - 11:04
15D
China opens anti-trust investigation into food delivery giant Meituan
The State Administration of Market Regulation, China's market regulator, has launched an antitrust investigation into food delivery giant Meituan. Meituan is the largest target in a series of anti-monopoly investigations opened by the Chinese government regarding the tech industry. China will assess whether Meituan has forced merchants to pick its platform as the exclusive distribution channel.
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