#China #Alibaba #Internet
China's market regulator released a new set of anti-monopoly guidelines, targeting internet platforms. The new rules tighten existing restrictions for the tech giants. These guidelines will stop forcing merchants to choose between the country's top internet players. The move will put new pressure on e-commerce sites, such as Alibaba Group's Taobao and Tmall marketplaces. They will also cover payment services like Ant Group's Alipay or Tencent's WeChat Pay.
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