After fining Alibaba, Chinese regulators start antitrust probe into Meituan

The State Administration for Market Regulation (SAMR) said on Monday that it has initiated an antitrust investigation into Meituan. The regulator suspects that Meituan forced merchants to cut connections with rival marketplaces by invoking the so-called “choose one out of two” mechanism, which was the same reason for Alibaba’s RMB 18.2 billion (USD 2.8 billion) fine. Meituan pledged to actively…
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