06 May Tencent May Face RMB10bn Anti-Monopoly Penalties by SAMR
Posted at 16:46
Chinese technology company Tencent [0700:HK] may be the next target of the anti-monopoly campaign initiated by the State Administration for Market Regulation (SAMR), as reported by Reuters on April 29. As part of the county’s antitrust clampdown on the domestic internet giants, it is expected...
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