China to crank up anti-trust heat on Big Tech after unprecedented fines


Internet search is a sensitive issue in China and the SAMR will take into account the fact that Tencent already has a leading position in several sectors. - Reuters

HONG KONG/BEIJING (Reuters): China's unprecedented anti-trust squeeze on its technology giants is only just beginning.

Having levied fines and announced a probe on Monday into deals backed by the likes of Alibaba Group and Tencent, China's market regulator is now gearing up to put more transactions under scrutiny, reversing a once laissez-faire approach towards its vast internet space.

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China , internet , anti-trust , Sogou , Tencent

   

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