Snapshot Meituan, with a market capitalisation of around $170 billion, is China's third-most valuable publicly traded internet company, after Tencent Holdings Ltd. and Alibaba Group Holding Ltd. Chinese authorities issued regulations in July requiring the country’s online food platforms — Meituan being the largest — to ensure workers are paid at least the local minimum wage. After a four-month-long investigation, the antitrust regulator in China is preparing to slap a roughly $1 billion fine on food-delivery behemoth Meituan for allegedly abusing its strong market position to the disadvantage of merchants and competitors. The penalty might be revealed in the coming...