Source: South China Morning PostTencent Holdings, Didi Chuxing and eight other major internet companies have each been slapped with a fine by China’s antitrust regulator for failing to report the acquisition of smaller competitors and starting new joint ventures, in a move that intensifies Beijing’s crackdown on Big Tech.The State Administration for Market Regulation (SAMR) imposed a fine of 500,000 yuan (US$77,243) on each of the 10 firms for breaching China’s anti-monopoly law, according to a statement from the regulator on…Read More