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Tencent, NetEase asked to avoid monopolies as China tightens gaming oversight

By MLex Staff ( September 9, 2021, 05:43 GMT | Insight) -- Chinese gaming giants Tencent and NetEase must refrain from getting monopolistic and instead focus on technological innovation, Chinese regulators have ordered, marking yet another attempt by the country to keep sprawling Big-Tech growth in check. MLex understands that online-game developers are responding fast to recent regulatory calls, including for stepped-up verification of players' identity.Chinese gaming giants Tencent and NetEase must refrain from getting monopolistic and instead focus on technological innovation, Chinese regulators have ordered, marking yet another attempt by the country to keep sprawling Big-Tech growth in check....

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