News Snapshot:
China antitrust: Didi’s ride hailing dominance prompts scrutiny before it sets forth for its Uber-beating New York IPO 19/06/2021 In the third instalment of a four-part series on China’s antitrust crackdown on technology companies, Masha Borak looks at the ride-hailing industry and its dominant operator Didi-Chuxing. The first instalment on streaming music is here and the second instalment on games is here . On April 30, the day before China was to begin a five-day stretch of public holidays to mark the annual Labour Day, 10 of the country’s largest technology companies were each slapped with a financial penalty by...
