3. Maintaining Order in the Online Market
-Ensuring fair competition in the online market.
Acts of unfair competition by major online platforms such as price cheating and dumping, monopoly abuse have been redressed through regulatory means.
Cases relating to concentration of platform operators in key areas such as finance, high-tech, media that affect people’s wellbeing have been reviewed and handled in accordance with the law.
Mergers and acquisitions that might adversely affect market competition and innovation have been prevented.
-Regulating online trading and transactions.
China has exercised strict regulation over customer soliciting by online channels, and investigated a number of websites and platform users suspected of wrongdoing.
Targeted actions have been taken against online pyramid selling, particularly under the disguise of e-commerce, investment and money management, and online business startups.