As Chinese digital behemoths continue to expand, the government will concentrate its efforts on regulating monopolies this year, officials said at an annual legal meeting.
Chinese officials gathered for a conference on judicial, prosecution, and public security in Beijing over the weekend, according to a statement on the WeChat account of the Central Political and Legal Affairs Commission. While one of the tasks for 2021 outlined during the meeting is to promote the development of internet platforms in accordance with national laws, it was stressed that it would be necessary to improve relevant regulations in the field. This will include taking measures targeting monopolies and unfair competition.
Continue reading https://on.rt.com/az3t