久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Encouraging competition, boosting innovation

By MA SI | China Daily | Updated: 2021-08-30 09:02
Share
Share - WeChat
People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province on Aug 7, 2020. [Photo/Agencies]

In July, the top market regulator imposed a penalty of 500,000 yuan ($77,200) each on a string of internet-based companies, including Tencent, Meituan and JD, involved in 22 cases of violation of the antimonopoly law.

That came after Alibaba was fined 18.23 billion yuan in April, equivalent to 4 percent of the company's domestic sales in 2019, for its monopolistic behavior, including forcing collaborating merchants to choose between Alibaba's online marketplaces such as Taobao and Tmall and those of its competitors for selling their products.

Wu from the State Administration for Market Regulation said the Alibaba case was the world's first monopoly case in online retail platform services, and was quite challenging.

During the investigation, the regulator focused on studying and grasping the development patterns of the digital platform economy. It conducted extensive investigations and evidence collection to ascertain the facts of the case; it also organized in-depth research and gathered opinions of the enterprises involved to protect their legitimate rights, Wu said.

The watchdog said its investigation concluded that Alibaba had hindered competition in online retail in China, affected innovation in the platform-based internet economy, hurt the lawful rights of merchants and damaged consumers' interests.

Fang Chaoqiang, a lawyer at Beijing-based Yingke Law Firm, said the Alibaba case is a landmark event that shows the country's true enhancement of action against monopolistic behavior. The nation's online platform operators will develop under increasingly sound and clear antimonopoly regulatory rules.

Sun Nanxiang, a researcher at the Chinese Academy of Social Sciences' Institute of International Law, said that antitrust measures are a worldwide trend and the ultimate purpose is to leverage legal tools to restore fair and effective competition in the market.

For years, US tech giants such as Google, Apple and Amazon have been facing continuous scrutiny and fines from government authorities globally for monopolistic behavior. European Union regulators slammed Google with a record 4.34 billion euros ($5 billion) antitrust fine in 2018 for using its Android mobile operating system to squeeze out rivals.

"Anti-monopoly supervision over those tech giants didn't cause them to lose core competence, but helped them to stimulate innovation and entrepreneurship and, at the same time, restore market confidence," Sun said.

To boost antitrust enforcement, the State Council, China's Cabinet, unveiled the anti-monopoly guidelines on the country's platform economy in February, which further clarified the principles of anti-monopoly law enforcement in the platform economy sector and refined the analytical approach, thus providing clearer guidance to undertakings in the platform sector on how to conduct their operations legally and compliantly.

In addition to the post-punishment model involving imposition of fines, the State Administration for Market Regulation is adopting early intervention to create a level playing field for companies.

In July, the administration prohibited the merger of the Tencent-backed game streaming platforms Douyu and Huya on the ground that any such merger would eliminate competition.

This is the first time that the market regulator had prohibited a merger in the internet industry since the anti-monopoly law came into effect in 2008, experts said.

The post-punishment and early intervention models will become two main forms of the anti-monopoly measures in the future, even if early intervention is comparatively rare in antitrust law enforcement, they said.

Early intervention is conducive to preventing negative market effects and damage to the reputations of the enterprises. That requires the watchdog to make its supervision more efficient and preemptive. The enrichment of the watchdog's antitrust toolkit means it can suit the remedy to the case while exercising its power, experts said.

Frank Fine, head of international antitrust at Beijing-based DeHeng Law Offices, said in an interview that this forced "growing up" would help Chinese firms boost their competitiveness globally.

"If they're able to keep their profits going, grow their markets and improve their services in such a way as to offset the antitrust pressure that they're facing, they'll have won," Fine said. "The likelihood of them succeeding globally becomes much greater."

Xiang Ligang, director-general of the Information Consumption Alliance, a telecom industry association, said the antitrust moves will encourage market competition and boost innovation, particularly from startups and newcomers.

"An institutional environment for healthy market competition serves the interests of all parties, including the big companies," Xiang said.

|<< Previous 1 2   
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲国产日韩欧美高清片a 亚洲国产日韩欧美在线 | a天堂中文在线官网 | 国产99久久久久久免费看 | 亚洲欧美视频一区二区 | 久久国产精品国产精品 | 久草最新视频 | 日韩久久网 | 欧美色偷偷 | 日韩三级在线播放 | 99re热在线视频 | 看黄网址 | 香蕉午夜 | 欧美jlzz18性欧美 | 波多野在线播放 | 91成人免费在线视频 | 一级毛片真人免费观看 | 最新亚洲人成网站在线影院 | 九九这里只精品视在线99 | 国厂自拍 | 欧美一级特黄特色大片 | 亚洲mm8成为人影院 亚洲m男在线中文字幕 | 一级一级特黄女人精品毛片 | 91精品国产高清久久久久久91 | 最新中文字幕一区二区乱码 | 国产v精品成人免费视频400条 | 欧亚毛片| 九九欧美| 在线はじめてのおるすばん | 国产午夜久久影院 | 粉嫩jk制服美女啪啪 | 国产一区二区三区免费在线视频 | 欧美高清视频一区 | 欧美成人免费sss | 免费欧美一级片 | 香蕉成人国产精品免费看网站 | 草草视频手机在线观看视频 | 亚洲图片偷拍自拍 | 久久99精品久久久久久h | 亚洲精品自拍 | 国产成人久久精品 | 国产在线一区在线视频 |