Antitrust Antitrust

China subsidizes local governments for antitrust actions as Beijing flexes regulatory muscles

By Yonnex Li
  • 29 Jan 2021 00:31
  • 29 Jan 2021 00:31
China's finance ministry will subsidize local governments for their antitrust actions, allocating funds based on their enforcement scorecards following Beijing's top-down order to ramp up the fight against anticompetitive behavior nationwide.

The Ministry of Finance will hand out the subsidies to support market regulators of provinces, autonomous regions and municipalities as they start

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