China reportedly investigates Meituan and Alibaba units over suspected antitrust violations
Reuters, citing China's official broadcaster CCTV, says the country's market regulator is investigating Meituan unit Beijing Sankuai Information Technology for suspected violations of unfair competition laws.
TLDR
Reuters reports that China is investigating Meituan and Alibaba units for suspected antitrust violations. For the Meituan investigation, Reuters cites official broadcaster CCTV, which identified Beijing Sankuai Information Technology as the unit under scrutiny for suspected violations of unfair competition laws.
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