Source: South China Morning PostChina’s antitrust regulator said on Monday it has officially started an investigation into Meituan, the country’s largest on-demand delivery service provider, over alleged monopolistic business practices of forcing merchants to “pick one from two,” as the focus of the country’s anti-monopoly crackdown shifts from Alibaba Group Holding to snare more companies.
The State Administration of Market Regulation, the antitrust watchdog agency, announced the probe in a one-line statement on its website…Read More