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China to rein on internet firms for risks on the rising community group buying business: SAMR

News Snapshot:

The photo taken on October 12, 2021 shows advertisement of Taocaicai in Shenyang, Northeast China’s Liaoning Province. Photo: VCG China will take a series of measures to safeguard fair market competition, including expediting the amendment of the anti-monopoly law, and punishing illegal activities by internet platforms. The State Administration for Market Regulation (SAMR), China’s market supervision watchdog, made the announcement on Tuesday in response to a suggestion raised by a… [ Please, visit website http://internetdo.com ]

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