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.
NPC set to further tighten anti-monopoly law to rein in online platforms
Authorities have levied a series of fines against large enterprises for anti-competitive practices in recent months. © Reuters
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.