GUANGZHOU -- China's two leading bicycle-sharing companies may merge, creating a monopoly that consumers fear would lead to higher prices and deteriorating service.
Investor eyes monopoly profits, but the industry may be headed for a crash

A glut of shared bicycles has led authorities in several big Chinese cities to ban additional purchases.
GUANGZHOU -- China's two leading bicycle-sharing companies may merge, creating a monopoly that consumers fear would lead to higher prices and deteriorating service.