China reportedly investigates Meituan and Alibaba units for suspected antitrust violations
Reuters, citing China's official CCTV broadcaster, 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. Citing China's official broadcaster CCTV, it identifies the Meituan unit as Beijing Sankuai Information Technology and says that investigation concerns suspected violations of unfair competition laws.
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