News Snapshot:
Alibaba Group Holding, Tencent Holdings and ByteDance are among 33 Chinese tech companies that have collectively signed an agreement on antitrust self-discipline amid Beijing’s growing regulatory pressure on Big Tech. The group of tech companies, which also includes Huawei Technologies Co, Baidu, JD.com and artificial intelligence company iFlyTek, gathered at the China Internet Conference in Beijing on Tuesday and signed the convention on fair competition, consumer protection and strengthening innovation, according to a statement on the Internet Society of China, the conference organiser. The Internet Platform Operators Anti-Monopoly Self-discipline Convention bars tech companies from engaging in different types of monopolies,...
