BEIJING (Reuters) – China’s market regulator said on Monday that it has launched an antitrust investigation into food delivery giant Meituan, the latest target in a widespread crackdown on the country’s sprawling internet economy.
The State Administration for Market Regulation (SAMR) said in a statement that its investigaton is focused on the practice whereby a company forces vendors to use their platform exclusively.
(Reporting by Tony Munroe and Yingzhi Yang, editing by Louise Heavens)
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