The government should step in and regulate digital monopolies because at the end of the day, healthy competition benefits all.
At times controversial, China’s Anti-Monopoly Law is playing an increasingly important role in the country
This week, Mercedes-Benz faced an anti-monopoly probe; the Tesla China trademark episode finally came to an end; WeChat got new rules for news while Line and Kakao Talk got axed in China; Xiaomi edged ahead of Samsung; and Priceline invested in Ctrip. For the China Policy Wonks… The Chinese government made a lot of headlines this […]
As Chinese authorities implement new regulations to crack down on price-fixers, will consumers be better off or lose out in a pricing race to the bottom? China’s National Development and Reform Commission (NDRC) recently fined Kweichou Moutai and Wuliangye Yibin RMB 449 million (about $72 million) for violating antimonopoly laws. Although this represents only about 1% of the […]