China’s market watchdog to slap new rules on e-commerce platforms and online shopping festivals

The State Administration of Market Regulation (SAMR) has vowed to clarify the responsibilities of e-commerce platforms. Big Tech companies have been facing increased scrutiny from regulators over their Internet businesses since December. — SCMP

Chinese market regulators are planning to step up their control of e-commerce platforms by formulating a list of responsibilities for operators and drafting new regulations for the sector, according to state-owned news agency Xinhua.

The State Administration for Market Regulation (SAMR) will “adopt more powerful regulatory measures this year with a series of actions” to clean up the online shopping market and maintain a healthy environment, SAMR official Wei Li told Xinhua.