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The Latest Breaking News from SAMR

Party's Over: China Tells Alibaba, Meituan, JD To Stop Bleeding

On Friday, China’s State Administration for Market Regulation (SAMR) called upon three of the country’s leading food delivery platforms: Alibaba Group’s (NYSE:BABA) Ele.me, Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD). The regulator urged these companies to adopt more “rational” competitive practices amidst an escalating price war within the sector.

Benzinga

China Urges Antitrust Compliance in CK Hutchison's Global Ports Deal

China warns CK Hutchison and partners not to bypass antitrust review in $23 billion global ports sale to BlackRock-led group.

Latin Times

China hits back at Trump’s tariffs with an antitrust investigation into Google and a new 15% tax on U.S. coal and gas

Among other measures, China will impose a 15% tariff on imports of U.S. coal and liquefied natural gas.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Nvidia slapped with a Chinese antitrust probe as Beijing collects ‘bargaining chips’ ahead of Trump’s return

An analyst from consultancy firm Trivium China thinks Beijing is preparing for some tough negotiations ahead.

Fortune

The Fall of Ant Group's IPO: Alibaba's Missteps, Legal Battles, and a $433.5M Settlement

Overview

Benzinga

Alibaba Shares Show Growth After Completion of 3-Year Regulatory Overhaul

Alibaba's shares show an increase after the e-commerce giant completed its "rectification" process.

International Business Times

China says it will use more tech to clamp down on online counterfeits

As it ramps up IP and counterfeit enforcement, China’s State Administration for Market Regulation commits to more tech.

TechRadar

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Intel's $5.4 billion purchase of Tower Semiconductor is supposed to go through today, but will China block it?

Intel agreed to purchase Tower Semiconductor for $5.4 billion, but the deal has had to be pushed back twice. Today is the current deadline for the purchase, but it is unclear what will happen.

Windows Central

Intel's Tower Acquisition Deadline is Tomorrow, but Doubts Remain

China still has not approved Intel's acquisition of Tower semiconductor, which has a deadline on August 15.

Tom’s Hardware

China Regulator Fines Alibaba, Tencent for Disclosure Violations

China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said on Sunday. The State Administration for Market Regulation (SAMR) released a list of 28 deals…

Asharq Al-Awsat

China Fines Companies $3.7 Billion Last Year for Breaking Monopoly Rules

The total was more than 50 times what the market regulator handed out in 2020

People

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