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Chinese Supreme Court Threatens Strict Punishment for Big Data Profiteering and Monopoly Conduct by Internet Platforms

October 30, 2021
Source: chinabankingnews.com chinabankingnews.com
News Snapshot:
The Chinese Supreme Court has called for stricter regulation and punishment of China’s huge Internet platforms when it comes to anti-competitive business practices and big data abuses. On 29 October the Supreme Court issued the “Opinions Concerning Strengthening Assessment Work of Intellectual Property Rights in a New Era and Providing Vigorous Judicial Services and Protections for the Creation of a Great Intellectual Property Rights Power” (??????????????????????????????????????). The Opinions call for strengthening anti-trust law and laws against inappropriate competition, as well as strengthening laws and regulations in relation to monopolistic conduct by Internet platforms. They specifically call for “strict punishment” of...
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China Tech Buzz Topics: artificial intelligence | big data | Business | Chinese | court | data | intellectual property | intellectual property rights | Internet | IPR | IT | law | monopoly | property | punishment | regulation | technology

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