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China tech

China moves to rein in big tech: Five things to know

Beijing asserts more control over internet companies with new anti-monopoly rules

The guidelines were announced on Nov. 10 -- one day ahead of Alibaba's Singles Day event -- and target platforms operated by China's internet companies.   © Reuters

HONG KONG -- China's regulators for the first time have issued a draft of detailed guidelines to combat anti-competitive practices of big technology companies. In a 22-page document released last week, the State Administration for Market Regulation stated that some tactics deployed by internet companies to gain users could be outlawed when the proposed rules take effect.

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