China drafts new antitrust guideline to rein in tech giants; Meituan's stock drops 10%+, JD.com is down 5%+, and Alibaba is down 8%+
Draft guideline ‘targeting tech giants’ in e-commerce, online food delivery and ride hailing, Atta Capital's Alan Li says Tech giants plunge broadly …
South China Morning Post
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Discussion
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@jathansadowski
Jathan Sadowski
on x
It's gonna be so lit if China ends up being the pace setter for antitrust legislation against tech monopolies and then the US has all the ammo it needs in Cold War 2.0 to paint tech regulation as a Communist plot. https://www.ft.com/...
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@pt
Parker
on x
The last week has been really bad for Chinese tech giants. I would love to read some deeper reporting on what's happening in the government. https://www.scmp.com/...
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@scmpnews
@scmpnews
on x
China drafts new antitrust guideline to rein in tech giants, slamming ATM stocks from record highs https://www.scmp.com/...
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@damienics
Damien Ma
on x
Following in US and EU foot steps https://twitter.com/...
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@alex
Very Tired Alex
on x
big changes afoot in China https://www.scmp.com/...