China’s market watchdog requires 8 sharing economy companies to standardize prices and competition practices

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China’s State Administration for Market Regulation (SAMR) has required eight companies based on the sharing economy to enhance their compliance of norms and standardize pricing and competition practices on Thursday. The price supervision anti-monopoly bureaus of the SAMR held an counselling conference with companies with businesses in the sharing economy, including Alibaba-backed bike-sharing platform Hellobike, …

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https://www.hellenicshippingnews.com/chinas-market-watchdog-requires-8-sharing-economy-companies-to-standardize-prices-and-competition-practices/

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