Logo 08 Jul 2021

Everything will be just fined

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Trivium Tech keeps you briefed on the latest developments in China tech policy.

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On Wednesday, the State Administration of Market Regulation (SAMR) issued 22 fines to five companies for anti-monopoly violations. 
The offenders mostly comprised the usual suspects of the recent tech crackdown:

Didi: eight violations
Alibaba: six
Tencent: five
Suning: two
Meituan: one

The f...