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China State Planner to Punish Monopolies in Internet Platform Industry – U.S News & World Report Money


(Reuters) – China’s state planner said on Wednesday that it will punish monopolies and unfair competition in the country’s internet platform economy.

The National Development and Reform Commission also said that it will strengthen supervision over areas such as advertising and tax reporting, according to a series of opinions published on the state planner’s website.

(Reporting by Eduardo Baptista, Editing by Louise Heavens)

Copyright 2022 Thomson Reuters.



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