{"id":23169,"date":"2021-10-08T09:33:03","date_gmt":"2021-10-08T09:33:03","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=23169"},"modified":"2021-10-08T09:33:03","modified_gmt":"2021-10-08T09:33:03","slug":"china-fines-meituan-less-than-expected-us530-million-for-monopolistic-behaviour-ending-five-month-antitrust-probe","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=23169","title":{"rendered":"China fines Meituan less-than-expected US$530 million for monopolistic behaviour, ending five-month antitrust probe"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina fined on-demand service provider Meituan 3.44 billion yuan (US$533 million) on Friday for allegedly abusing its dominant market position by forcing merchants to \u201cpick one from two\u201d, putting an end to a five-month probe into monopolistic behaviour.The fine was equivalent to about 3 per cent of Meituan\u2019s total domestic revenue of 114.7 billion yuan last year, according to the State Administration for Market Regulation (SAMR), China\u2019s antitrust watchdog.The fine was smaller than previous\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3151675\/china-fines-meituan-less-expected-us530-million-monopolistic?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina fined on-demand service provider Meituan 3.44 billion yuan (US$533 million) on Friday for allegedly abusing its dominant market position by forcing merchants to&hellip; <\/p>\n","protected":false},"author":0,"featured_media":23170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/23169"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23169"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/23169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/23170"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23169"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}