Page 4 - சந்தை மேற்பார்வை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China Orders Tencent Music Entertainment To Give Up Exclusive Music Licensing China Orders Tencent Music Entertainment To Give Up Exclusive Music Licensing BEIJING China’s market regulator, the State Administration for Market Regulation, has ordered  Tencent Holdings Limited and its affiliated companies to relinquish exclusive rights to music labels. “To restore market competition, Tencent and its affiliated companies must end their exclusive music copyrights within 30 days and stop charging high prepayment and other copyright fees,” the  statement on July 24. The multinational tech holding company cannot demand superior treatment compared to competitors from copyright owners without justified reasons, the statement said. Tencent was also fined about $77,340, as per the statement.

China music corporationTencent holdingsAdministration of market supervisionAdministration for market regulationAli baba groupState administrationMarket regulationHoldings limitedAnti monopoly lawMarket supervisionDidi chuxingசீனா இசை நிறுவனம்அலி பாபா குழுசந்தை ஒழுங்குமுறைஹோல்டிங்ஸ் வரையறுக்கப்பட்டவைஎதிர்ப்பு ஏகபோகம் சட்டம்