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Chinese platform operators, retailers warned by Qinghai regulator against anticompetitive conduct

( January 22, 2021, 07:37 GMT | Official Statement) -- MLex Summary: The Qinghai provincial Administration for Market Regulation yesterday held a meeting where it warned operators of online platforms and shopping malls against anticompetitive practices such as reaching agreements to fix prices or divide sales territories; abusing dominant market positions by selling products at unfairly high prices or below-cost prices; and imposing exclusivity requirements. Representatives of platform operators including Meituan and JD.com, as well as department-store operators including Wangfujing Group and Beijing Hualian Group attended the meeting.The statement follows:...

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