In Short - The Situation: Both the United Kingdom and European Union have recently announced proposals to introduce new legal instruments which address alleged.
– Setting rules for cybersecurity. The Regulations on the Security and Protection of Computer Information Systems was released in 1994, designed to safeguard and supervise computer information system security.
China market regulator issues draft regulations on unfair competition by digital platforms jurist.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jurist.org Daily Mail and Mail on Sunday newspapers.
By Yu Shuhong and Ban Xiaohui | China Daily | Updated: 2020-12-18 20:34 Share CLOSE
Promoting the development of the digital economy has become an important part of China’s overall economic policy. Yet the monopoly of internet companies, which are the main drivers of the digital economy, and their disorderly capital expansion have reached such alarming levels that they can no longer be ignored.
Thanks to the mountains of data, especially personal information, they have mined, large internet companies, after having expanded their market shares, are turning into monopolies. This will inevitably lead to increasing distorted competition, which in turn will cause great harm to both society and the economy.