November 12, 2020
China Proposes New Draft Digital Rules Targeted At Chinese Internet Giants
A set of new rules aimed at clamping down on the market power of the country’s biggest internet companies has been proposed by China.
According to analysts, the proposed regulations indicate the growing unease of the Chinese regulators with the increasing market influence of the digital platforms in the country.
Homegrown tech giants like Alibaba, Ant Group and Tencent, as well as food delivery platform Meituan could be among the tech giants that could be affected by the new rules.
The move by t…
