Friday, August 6, 2021

Trending FOX BUSINESS News: China’s antitrust regulator planning to fine Meituan about $1 billion


China’s antitrust regulator planning to fine Meituan about $1 billion


China’s antitrust regulator is preparing to impose a roughly $1 billion fine on food-delivery giant Meituan for allegedly abusing its dominant market position to the detriment of merchants and rivals, according to people familiar with the matter.

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