🇨🇳 Why Chinese antitrust is all about exerting government power
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Just like the US, the Chinese government has been taking antitrust actions against large tech companies. But China has a much different goal, according to the NYT: maintaining more power, a monopoly if you will, of the government. One antitrust expert in Hong Kong likens it to “shock therapy”:
🇨🇳 Why Chinese antitrust is all about exerting government power
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🇨🇳 Why Chinese antitrust is all about exerting government power
Just like the US, the Chinese government has been taking antitrust actions against large tech companies. But China has a much different goal, according to the NYT: maintaining more power, a monopoly if you will, of the government. One antitrust expert in Hong Kong likens it to “shock therapy”: