China says will probe corrupt behaviour behind Internet platform monopolies


Source: singaporenewslive.com singaporenewslive.com

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SHANGHAI (REUTERS) – China’s top anti-graft watchdog said it would focus on “new challenges and new situations” in its corruption crackdown, pledging for instance to investigate and punish any corrupt behaviour found behind Internet platform monopolies. Beijing has since last year reasserted control over its once-freewheeling Internet sector, punishing big-name operators for engaging in what were previously considered regular market practices, and drafting new rules to change how they compete and engage users. The latest probe comments came in a statement published on Thursday (Jan 20) on the website of the Central Commission for Discipline Inspection (CCDI). “Efforts will be...