China Investigates Meituan and Alibaba Units for Suspected Antitrust Violations
The probes follow a sector-wide review and a meeting with industry groups as regulators seek clearer pricing and algorithm rules.
7 Articles
7 Articles
China Opens Probes Into Four Online Travel Booking Platforms
China investigates Meituan and Alibaba units for suspected antitrust violations
SHANGHAI - China's market regulator is investigating Meituan unit Beijing Sankuai Information Technology for suspected violations of unfair competition laws, the country's official CCTV broadcaster reported on Saturday (Sept 19).China has been cracking down on monopolistic behaviour, most recently fining Trip.com 5.2 billion yuan (S$990 million) over what the regulator said was its online hotel-booking monopoly, as Beijing struggles to...
China Antitrust Investigation Reveals Serious Concerns
China antitrust investigation targets online travel businesses linked to Meituan, Alibaba’s Fliggy, Tongcheng and Tujia. Regulators are examining suspected unfair competition involving China’s online hotel and travel booking market. The companies say they are cooperating with authorities, while regulators have …
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