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China hits food delivery platforms with 3.6 bln yuan fine for 'ghost' deliveriesChina has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, Meituan, Pinduod...- China says preliminary probe shows Nvidia violated anti-monopoly lawChina will continue its antitrust investigation into US chipmaker Nvidia, saying the company violated its 2020 conditional approval terms f...
- BYD recalling 97,000 top-selling EVs on steering component fault, regulator saysBYD is recalling nearly 97,000 electric vehicles in China due to a manufacturing fault in the steering control unit that could pose fire ri...
- Chipmaker Broadcom expects $69 billion VMware deal to close before November deadlineChina's State Administration of Market Regulation (SAMR) has not signed off on the deal and is likely to delay its decision, it was reporte...
- Alibaba, Tencent fined for disclosure violations in ChinaThe State Admnistration for Market Regulation (SAMR) released a list of 28 deals that violated the rules. Five involved units of Alibaba, i...
- Fans take BYD to task as recall confusion clouds Chinese EV maker's imageBYD has been a major beneficiary in the auto industry's rapid shift toward electrification, propelled by the backing of U.S. billionaire in...
- China regulator says Tesla recalling 107,293 China-made Model 3, Model Y vehiclesThe overheating could also lead to other malfunctions, including windshield settings and gear displays, according to a statement published ...
- China's market regulator fines Alibaba, Tencent for failing to report dealsAccording to public filings, China's State Administration for Market Regulation (SAMR) placed penalties of 500,000 yuan ($78,692) on the co...
- China regulator bars Tencent from exclusive rights in online musicThe Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a reco...
- China proposes rules to punish illegal e-commerce pricingViolation of the rules could incur a fine of 0.1% to 0.5% of a business' annual sales or even suspension of operations, according to a stat...
- China probes Didi Chuxing for antitrust violations ahead of US IPOThe investigation into IPO-bound Didi Chuxing is the latest in a sweeping crackdown on Chinese technology companies, including Alibaba Grou...
- China launches antitrust probe into Tencent-backed property broker KE -sourcesKE Holdings, which operates housing platforms Lianjia and Beike in China, was warned last month by the State Administration for Market Regu...
- China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
- China launches antitrust probe into food delivery giant MeituanThe State Administration for Market Regulation (SAMR) said in a statement that its investigaton is focused on the practice whereby a compan...
- China's antitrust regulator bulking up as crackdown on behemoths widensBeijing's plan to bulk up the State Administration for Market Regulation (SAMR) comes as China revamps its competition law with proposed am...
- China fines Alibaba record $2.75 bn for anti-monopoly violationsThe ruling Communist Party is tightening control over China's biggest e-commerce and other internet companies and has warned them not to us...
- China set to clear $3.5 billion Tencent-Sogou deal, but conditions applyChina's antitrust regulator has no objection to the $3.5 billion deal for the 60% of US-listed Sogou that Tencent doesn't already own, as l...
- China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: SourcesThe move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict co...
- Tencent boss meets China antitrust officials as scrutiny widens: ReportTencent, whose WeChat messaging and payment mobile app is ubiquitous in the world's second-largest economy, is expected to be the next in l...
- China to crank up anti-trust heat on Big Tech after unprecedented finesThe regulator is particularly keen to "make an example" of a $3.5 billion plan for search engine Sogou Inc to be taken private by sharehold...
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