From:ChinaDaily | 2020-12-31 06:59
On-demand service platform faces lawsuit for alleged abuse of market power
Meituan, China s largest on-demand service platform handling online food deliveries and restaurant orders, is facing a lawsuit in a Beijing court for alleged abuse of market power, amid China s ongoing scrutiny of key technology sectors, including the internet.
The antitrust case, filed by a person surnamed Wang, has been accepted by the Beijing Intellectual Property Court, according to an official court notice. The complainant said that Meituan s decision to temporarily remove Alipay, the payment platform of Alibaba, as a payment option from its main app, was an abuse of its dominant market position.
New economy stocks propel Hang Seng
thestandard.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.com.hk Daily Mail and Mail on Sunday newspapers.
Ant mulls restructuring to placate regulators
thestandard.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.com.hk Daily Mail and Mail on Sunday newspapers.