Source: China – South China Morning PostChina has launched an investigation and market competition assessment for its food delivery platforms, the State Council announced on Friday.
“Recently, issues such as excessive subsidies, price wars and control over traffic flow in the online food delivery platform service industry have become prominent,” according to a statement issued by the Anti-Monopoly and Anti-Unfair Competition Commission of the council, China’s cabinet.
“These practices have squeezed the real economy and intensified…Read More