China’s anti-monopoly crackdown continues
China’s antitrust regulator said on Monday that it has officially started an investigation into Meituan, the country’s largest on-demand delivery service provider, over the alleged monopolistic business practice of forcing merchants to “pick one from two,” as the focus of the country’s anti-monopoly crackdown shifts from Alibaba Group Holding to more companies, reports South China Morning Post.
The State Administration of Market Regulation (SAMR), the antitrust watchdog agency, announced the probe in a one-line statement on its website, saying it is looking into whether Meituan forced merchants to pick its platform as the exclusive distribution channel, after receiving a tip-off from the public.
