SOURCE / ECONOMY Regulators likely to conduct frequent scrutiny on internet platforms By Global Times Published: Feb 07, 2021 06:35 PM Photo: VCGThe Anti-Monopoly Committee of the State Council, China's cabinet, introduced a thorough guideline to regulate anti-monopoly practices on Sunday, encouraging business operators in the online platform economy to report any monopolistic moves. It also said that authorities will waive or mitigate penalties if the operators meet certain standards. The committee did not identify any specific people or companies, but it said that the guideline applies to all industries and treats all types of market entities equally, and the online platform-based economy is no exception.