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Alibaba, Meituan rectification measures showcased by China's SAMR

By MLex Staff ( January 24, 2025, 06:32 GMT | Insight) -- The post-penalty rectification measures by China’s online platform heavyweights Alibaba and Meituan have been showcased in the country’s top competition regulator’s 2024 wrap-up. Notably, the food delivery platform Meituan in late November committed to a 1 billion yuan fund to support its platform merchants when implementing rectification requirements from the State Administration for Market Regulation, according to an article published on the regulator’s website.The post-penalty rectification measures by China’s online platform heavyweights Alibaba and Meituan have been showcased in the top competition regulator’s 2024 wrap-up....

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