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Guangdong Regulators Hold Meeting with Platform Companies Over Competitive Behavior Regulations & 'Anti-Involution' Measures
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The Guangdong Provincial Market Supervision Bureau and the Guangzhou Municipal Market Supervision Bureau recently held a meeting with platform companies over issues related to fair and rational competition in the platform economy sector.

Among all the measures it proposed, the meeting encouraged platforms to strengthen compliance construction, enhance compliance levels, and work on regulating competitive behavior with effective measures, curbing any "anti-involutionary" practices.

Related News MEITUAN (03690.HK) Reports Adjusted EBITDA Loss of RMB13.783 Billion Last Year; 4Q Adjusted EBITDA Loss of RMB14.025 Billion

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