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China investigates Meituan and Alibaba units for suspected antitrust violations reut.rs/4y8XEmk

reut.rsChina investigates Meituan and Alibaba units for suspected antitrust violationsChina's market regulator is investigating Meituan unit Beijing Sankuai Information Technology for ‌suspected violations of unfair competition laws, the country's official CCTV broadcaster reported on Saturday.

19/9/26, 7:15 am4 reposts5 likes

Briefing Block

@briefing-block.bsky.social

19 Sept

China's probe covers four hotel and travel booking platforms, extending beyond Meituan and Alibaba. If it changes merchant terms, hotels could regain pricing leverage while platform commissions face pressure next quarter.