China issues new anti-monopoly rules targeting its tech giants
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China`s market regulator released new anti-monopoly guidelines on Sunday that target internet platforms, tightening existing restrictions faced by the country`s tech giants. The new rules formalise an earlier anti-monopoly draft law released in November, and clarify a series of monopolistic practices that regulators plan to crack down on. The guidelines are expected to put new pressure on the country`s leading internet services.