China releases final version of anti-monopoly rules to rein in internet giants

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China issued the final version of its new anti-monopoly guidelines targeting internet platforms, making an important step towards cracking down on monopolistic practices such as forcing merchants to choose only one online channel or charging different prices for clients.

The rules, coming into effect on Sunday, are based on a draft issued in November and come six weeks after the State Administration of Market Regulation (SAMR), the country's top market watchdog, launched an anti-monopoly probe into e-commerce giant Alibaba Group Holding for alleged monopolistic behaviours.

Suspected monopolistic behaviors in the platform . . .

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