New regulations knock $102 billion off stocks of China’s tech giants

Chinese regulators have begun developing new “antitrust” guidelines targeting some of China’s biggest tech companies. The guidelines aim to reduce the monopolistic practices and power of internet companies. They will target practices such as: Offering different prices to customers based on previous activity Collusion through sharing customers’ data Alliances to deter competitors from the entering … Continue reading New regulations knock $102 billion off stocks of China’s tech giants