BEIJING (Reuters) – China’s market regulator said on Friday it has fined 12 companies related to 10 deals that demonstrated illegal monopolistic behaviours.
The State Administration for Market Regulation said in a statement on Friday that the companies include Baidu Inc, Tencent Holdings, Didi Chuxing, and ByteDance-backed firm.
Baidu, Tencent, ByteDance and Didi did not immediately respond to requests for comment.
(Reporting by Yingzhi Yang, Cheng Leng and Tony Munroe; Editing by Christian Schmollinger)
