China’s antitrust regulator fines Big Tech firms, including Tencent and Baidu, for failing to report acquisitions

Source: South China Morning PostChina’s antitrust regulator has fined some of the country’s largest technology companies for failing to disclose to the government their acquisitions of smaller competitors or establishment of joint ventures, stepping up its enforcement against what it called monopolistic corporate behaviour to protect consumer interests.Social media giant Tencent Holdings, a subsidiary of e-commerce giant Alibaba Group Holding, search engine giant Baidu, ride-hailing service giant Didi Chuxing, an affiliate of…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy