Antitrust Antitrust

Comment: Inclusion of refunds in Meituan penalty highlights focus of Chinese regulator beyond fines

By MLex Staff
  • 11 Oct 2021 05:08
  • 11 Oct 2021 05:13

Just as the Chinese markets reopened after a week-long public holiday to celebrate National Day, China's competition regulator delivered a piece of good news to millions of local caterers listing on food-delivery giant Meituan.

After years of industry complaints, the State Administration for Market Regulation, or SAMR, made it official late Friday that

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