Alibaba, Tencent listed among top 10 anti-trust violations in 2020
市场监管总局发布反垄断十大典型案例,阿里腾讯在列
Tech giants Alibaba and Tencent were listed among the top 10 cases of anti-trust law violations in 2020, China’s market regulator revealed on Friday, as the country moves to further tighten anti-trust law enforcement to ensure fair competition in the market.
Both companies have incurred penalties from China’s State Administration for Market Regulation (SAMR) for breaching of the country’s anti-trust law, according to a notice on the SAMR website.
Alibaba Investment Limited, an investment arm of Alibaba Group, was fined 500,000 yuan ($77,000) last December for an undeclared equity acquisition in Chinese mall operator Yintai Retail in a deal that was not lawfully approved by the market regulator. Alibaba had acquired a 73.79 percent controlling stake in Yintai Retail by June 2017.
China Reading Ltd, a subsidiary of Tencent, was also fined 500,000 yuan last December for its acquisition of New Classics Media in October 2018 without notifying the regulator.
Both acquisitions violated anti-trust law and led to excessive market concentration, according to the SAMR.
据国家市场监管总局网站9月3日消息,市场监管总局发布2020年反垄断执法十大典型案例,以下为全文内容:
市场监管总局坚持以习近平新时代中国特色社会主义思想为指导,深入贯彻党中央、国务院决策部署,切实强化反垄断和防止资本无序扩张,保护市场公平竞争,维护消费者利益。现发布2020年反垄断执法十大典型案例:
1.四川省水泥协会组织6家水泥经营者达成并实施垄断协议案
2.浙江省嘉兴市二手车行业协会组织9家二手车交易市场企业达成并实施垄断协议案
3.山东康惠医药有限公司等3家公司滥用市场支配地位案
4.南京水务集团高淳有限公司滥用市场支配地位案
5.英伟达公司收购迈络思科技有限公司股权案
6.丹纳赫公司收购通用电气医疗生命科学生物制药业务案
7.阿里巴巴投资有限公司收购银泰商业(集团)有限公司股权未依法申报经营者集中案
8.阅文集团收购新丽传媒控股有限公司股权未依法申报经营者集中案
9.山东省济宁市财政局滥用行政权力排除、限制竞争案
10.湖南省怀化市住房和城乡建设局滥用行政权力排除、限制竞争案