China is clamping down on big tech conglomerates by tightening its anti-monopoly guidelines for internet and digital payment services. This rule immediatey restricts companiesfrom forcing sellers to choose between the leading online players.
The guidelines are aimed at Chinese heavyweights including e-commerce providers such as Alibaba Group’s Taobao and JD.com and mobile payment services like Ant Group’s Alipay or Tencent’s WeChat Pay.
The regulator will also stop companies from price fixing, restricting rivals, and quietly using their data and algorithm perks to exploit the market.
Some of the apps in question are already banned in the U.S., via an executive order signed by former President Donald Trump at the height of the trade war against China. The rules cement a draft law issued in November and build on the regulator’s broader scrutiny of the tech sector.
TECH NEWS>>>>Vlinder Princess Mod APK 1.4.3
