China punishes online merchants for fake reviews, inflated sales in latest market crackdown

Source: China – South China Morning PostChina’s market watchdog is showing the country’s online businesses just how serious it is about reigning in the shady conduct that “destroys market order” with its latest crackdown on market behaviour.In the first six months of the year, the State Administration for Market Regulation (SAMR), along with its local branches in the country’s cities and provinces, investigated more than 3,000 cases of fake reviews and inflated sales numbers, and imposed fines totalling 206 million yuan (US$31.8…Read More

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