China issues anti-monopoly guidelines on the platform economy

China issues anti-monopoly guidelines on the platform economy

The Anti-Monopoly Committee of the State Council encourages operators in the platform economy to report thier monopolistic practices, and authorities will waive or mitigate penalties when these operators meet certain standards.

The Anti-Monopoly Law applies to all industries and treats all types of market entities equally, and the platform economy is no exception: anti-monopoly official

Photo: VCG

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