China launches antitrust probe into food delivery giant Meituan

China launches antitrust probe into food delivery giant Meituan

China launched an antitrust investigation into food delivery giant Meituan, the market regulator said on Monday, the latest target in a crackdown on the country’s sprawling internet platform economy.

The State Administration for Market Regulation (SAMR) said in a statement that its investigaton was focused on the practice whereby a company forces vendors to use their platform exclusively, known as “choose one from two”.

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