TechBloomberg Tech2h ago
China to Ramp Up Enforcement Against Malicious Price Competition
TL;DRChina cracking down on companies using aggressive pricing tactics to undercut rivals.
Why it matters: Could reshape competition dynamics for tech firms operating in China's massive market.
China will step up scrutiny of malicious price competition, including cost investigations and price inspections of companies that engage in such practices, the State Administration for Market Regulation said at a State Council Information Office briefing on Sunday.
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