back to article China’s competition agency floats Internet-age anti-monopoly law upgrade

China’s State Administration for Market Regulation has opened a discussion on a revised anti-monopoly law for the Internet age. A Monday announcement reveals the agency intends a wide-ranging consultation on e-commerce, touching on matters ranging from consumer protections, truth in advertising and whether the structure of the …

  1. First Light Silver badge

    Dead Ant

    Ant's cancelled IPO is what happens when you criticize your overlords like Jack Ma did.

    A lesson to others to toe the party line.

  2. cantankerous swineherd Silver badge

    ant were proposing to give themselves huge money printing abilities which would have undermined financial stability.

  3. IGotOut Silver badge

    If you read the details...

    ... Its what we should of had here years ago.

    No exclusivity contracts

    No loss leaders to kill competition

    No data sharing with 3rd parties

    Using data to offer different pricing to different buyers.

    Sure there is more to it, but we need these laws.

  4. amanfromMars 1 Silver badge

    Reading between the lines, and something for export/importer to bear in mind/not forget

    Admittedly YMMV, however. nevertheless ....... here be the a prime candidate gold standard.

    amanfromMars [2011110450] ............ being very PC on https://www.zerohedge.com/geopolitical/communist-party-expands-crackdown-chinas-tech-billionaires-after-spoiling-ant

    Anybody who doesn't immediately recognize the irony in the notion that the CCP is merely trying to make its markets fair and competitive for the "little guy" probably doesn't truly understand the nature of the relationship between the Party, and the Chinese economy. Fundamentally, before everything else, it's about control, not fairness.

    That paragraph was very nearly right, Tyler. It just went all wrong right at the very end in the last sentence which should read ........ Fundamentally, before everything else, it's about control with fairness.

    Such makes a colossal difference.

  5. lglethal Silver badge
    Go

    It says a lot about the state of consumer laws in the west, that China can propose a law that makes it look like the beacon of consumer rights in the world...

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