On March 10th, the State Administration of Market Supervision and Regulation issued a decree prohibiting the abuse of market dominance, which will come into effect on April 15th, 2023, and repealed the “Interim Provisions” issued in 2019. The regulations are applicable to the economic field of Internet platforms, and are supervised and administrated by antitrust agencies. Operators shall not use data, algorithms, technologies, and platform rules to engage in abuse of market dominance. An operator that has the ability to control the price, quantity, or other trading conditions of a commodity shall not hinder or affect other operators from enteringRead More →
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