22 steps unveiled to boost high-level opening-up--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
China s top market watchdog has launched a probe into e-commerce giant Alibaba s suspected monopolistic acts including forcing merchants to choose one platform between two competitors, the Xinhua News Agency reported on Thursday, in an effort considered to rectify market order and facilitate free, fair and non-discriminative business environment.
China launches antitrust probe into Alibaba in a move to commit platform economy to more sustainable growth
By GT staff reporters Source: Global Times Published: 2020/12/24 22:43:39
Alibaba Photo:VCG
China’s top market watchdog said on Thursday it has launched a probe into e-commerce giant Alibaba’s suspected monopolistic acts including forcing merchants to choose one platform between two competitors, in a move that is believed to aim at protecting consumers rights and fairness in market competition to ensure the sound and long-term development of a massive part of China s economy.
The antitrust probe into one of the world s largest e-commerce giants, which attracted widespread domestic and global attention, sends a powerful signal of top regulators determination to rein in what officials call disorderly expansion of capital as part of a broad push to root out potential major risks for the economy, which remains on a steady recovery trajectory but also faces mounting inte
China to revise anti-monopoly law, formulate law on public health emergency response- China org cn china.org.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china.org.cn Daily Mail and Mail on Sunday newspapers.
2020-12-21 13:00:26 GMT2020-12-21 21:00:26(Beijing Time) Xinhua English
BEIJING, Dec. 21 (Xinhua) China s top legislature is in 2021 expected to consider laws on public health emergency response, family education, stamp duty and futures, among others, said a spokesperson on Monday.
The lawmakers will also deliberate revisions to the anti-monopoly law, as well as laws concerning issues such as the prevention and control of infectious diseases, the progress of science and technology, and education, said Yue Zhongming, spokesperson for the Legislative Affairs Commission of the National People s Congress (NPC) Standing Committee.
The legislative work plan for next year has been approved in principle by the Council of Chairpersons of the NPC Standing Committee, said Yue.