China's antitrust push reaches strictest phase that will reshape entire online sector

SOURCE / ECONOMY
Drive will put internet firms on path to new era of innovation
By GT staff reporters Published: Apr 14, 2021 10:13 PM
Customers purchase goods at a convenience store, dubbed as "Tmall Xiaodian," in Hangzhou, capital of East China's Zhejiang Province. A revamp by a retail unit of Alibaba with big data technologies has made the nine-year-old store more efficient and convenient, as a part of Alibaba's New Retail program. Photo: IC
China's antimonopoly push for online platforms reached the strictest phase and is making powerful waves through the industry, with 12 major platform firms including Baidu, JD.com, ByteDance and Pinduoduo publishing their law-abiding compliance operation commitments on Wednesday.

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