China antitrust probes doubled last year in Big Tech crackdown

NPC set to further tighten anti-monopoly law to rein in online platforms

20210310N beijing business district (REUTERS)

Authorities have levied a series of fines against large enterprises for anti-competitive practices in recent months. © Reuters

NAOKI MATSUDA, Nikkei staff writer

SHANGHAI -- Chinese authorities have stepped up enforcement of antitrust rules, with the number of violations cited in 2020 doubling on the year, as Beijing moves to rein in Big Tech companies' rising influence in the online economy.

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