Antitrust regulator SAMR is now the sheriff of China’s Big Tech after Alibaba fine, analysts say

Source: South China Morning PostThe power of the State Administration of Market Regulation (SAMR), the regulator in charge of “market order” in China, appears to be growing after its record US$2.8 billion fine on Alibaba Group Holding and warning to 34 of the country’s internet platforms to improve their conduct, analysts say.SAMR, which was established three years ago as part of a broad government restructuring, was relatively absent from regulation of Big Tech in China until the end of 2020, when Beijing decided to ramp up…Read More

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