China regulator fined internet platforms including Didi for illegal merger deals

China regulator fined internet platforms including Didi for illegal merger deals

3 years ago
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https://www.reuters.com/article/us-china-internet-antitrust/china-regulator-fined-internet-platforms-including-didi-for-illegal-merger-deals-idUSKCN2ED0U0

China's market regulator said on Wednesday it has fined a number of internet companies including Didi Chuxing, Tencent and Alibaba for failing to report earlier merger and acquisition deals for approval, according to a statement on the website of the State Administration of Market Regulation (SAMR).

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