China market regulator fines 12 companies for illegal monopolistic behaviours

BEIJING: China's market regulator said on Friday it has fined 12 companies related to 10 deals that demonstrated illegal monopolistic behaviour.

The State Administration for Market Regulation (SAMR) said in a statement on Friday that the companies include Baidu Inc , Tencent Holdings, Didi Chuxing, and a ByteDance-backed firm.

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China , monopoly , regulation , Tencent , Baidu , Didi Chuxing , Bytedance

   

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