China steps up tech scrutiny with rules over unfair competition, critical data
SHANGHAI - China moved on Tuesday to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies' handling of critical data.
On Tuesday, the State Administration for Market Regulation issued a set of draft regulations banning unfair competition and restricting the use of user data. "If promulgated, the regulations will likely increase compliance burdens for transaction platforms, including e-commerce marketplaces and shoppable short video apps."Internet operators "must not implement or assist in the implementation of unfair competition on the Internet, disrupt the order of market competition, affect fair transactions in the market," the State Administration for Market Regulation wrote in the draft, which is open to public feedback before a Sept.
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