Chinese Regulators Convene Meeting with Seven Major Platform Companies

Deep News
5 hours ago

On February 13, China's State Administration for Market Regulation held discussions with platform enterprises including Alibaba, ByteDance's Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Quick Deals. The regulatory body instructed the involved platform companies to strictly comply with laws and regulations such as the Anti-Unfair Competition Law, the Price Law, the Consumer Rights Protection Law, and the E-commerce Law. Companies were urged to proactively fulfill their primary responsibilities and further standardize their promotional and marketing activities. Relevant platform enterprises were reminded to eliminate all forms of cutthroat competition and work together to maintain a fair competitive market environment, thereby fostering innovation and the healthy development of the platform economy.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10