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  • Beijing is cracking down on its dominant Internet giants, the country's antitrust regulators have unveiled draft rules for Internet platforms potentially targeting everything from e commerce sites to digital payments.

  • Thio, even food delivery.

  • APS The draft document covers a long list of unfair competition practices and market abuses, and it will have far reaching consequences for many companies.

  • Take Alibaba, for example.

  • One proposed rule will ban the practice of restricting businesses to sell on rival platforms.

  • The e commerce giant in the past has already been accused by merchants and rivals for doing this.

  • The new rules also cover the use of data, including treating customers differently based on their usage habits.

  • Now Alibaba and peers, including Tencent and Baidu in Peinado they all boast big data capabilities and that will be impacted to now.

  • The rules have not been finalized yet, and there's still plenty of room for interpretation.

Beijing is cracking down on its dominant Internet giants, the country's antitrust regulators have unveiled draft rules for Internet platforms potentially targeting everything from e commerce sites to digital payments.

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B1 alibaba commerce draft tencent boast data

Breakingviews TV: China's techlash

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    林宜悉 posted on 2020/11/14
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