Saturday, June 25, 2022

China clears law to penalise internet firms for abusing market competition

In a further crackdown on Internet and digital companies, China has cleared a revised anti-monopoly law that will shut loopholes in existing regulation in terms of abusing market dominant position, drawing a bottom line for private tech firms on "illicit acts that threaten fair market competition".

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Mercedes plans bigger India play with greater localisation of parts

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