China's central bank said to mull antitrust probe into Alipay, WeChat Pay

China's central bank said to mull antitrust probe into Alipay, WeChat Pay

Photographer: Shiho Fukada/Bloomberg

China’s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions to quash competition, sources with knowledge of the matter said.

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