China Opens Antitrust Probe Into Food-Delivery Giant Meituan
Food-delivery platform Meituan has become the latest Chinese internet giant to face an investigation by the country’s antitrust watchdog. The State Administration for Market Regulation (SAMR) is looking into whether Meituan’s use of exclusivity arrangements with merchants, known as “pick one of two,” constitutes monopolistic behavior, it said in a…
bubmagApril 27, 2021