Friday, October 8, 2021

China's market regulator levies a $533M fine on Meituan for violating anti-monopoly regulations, ending a months-long antitrust probe (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
China's market regulator levies a $533M fine on Meituan for violating anti-monopoly regulations, ending a months-long antitrust probe  —  - Beijing fines the firm over abuses like “pick one from two”  — Analysts say penalty is a “good outcome” for Meituan



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Sources: TikTok CEO Shou Chew, who has known Elon Musk for several years, has sought Musk's counsel in recent weeks on the incoming Trump administration (Wall Street Journal)

Wall Street Journal : Sources: TikTok CEO Shou Chew, who has known Elon Musk for several years, has sought Musk's counsel in recent w...