Caixin
Jun 27, 2022 08:21 PM
CHINA

China’s Anti-Monopoly Law Revised to Tighten Supervision on Platform Economy

Beijing has been making efforts to tighten control over the sprawling internet industry for years. Photo: VCG
Beijing has been making efforts to tighten control over the sprawling internet industry for years. Photo: VCG

China’s top legislature has approved changes to a law that will subject platform operators to more restrictions in competition and raise penalties for their violations, as the country seeks to bolster its year-long antitrust war on tech giants.

A new provision in the law stipulates that business operators engaging in monopolistic practices that involve abusing their data, algorithms, technology or capital advantages, or the rules for online platforms, may be banned.

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