Summary
[Meituan: The State Administration of Market Supervision has launched relevant investigations on the company, the company may be fined a high amount]On August 30, Meituan issued an announcement stating that in April 2021, the State Administration of Market Supervision and Administration of the People’s Republic of China The Anti-Monopoly Law launched relevant investigations on the company. As of the date of this report, relevant investigations are still ongoing, and the company actively cooperates with the State Administration for Market Supervision and Administration’s investigations. The company cannot predict the situation or results of the relevant investigation at this stage, and the company may be required to change its business practices and/or be fined. (Interface News)
News on August 30, Meituan releasedannouncementAccording to the report, in April 2021, the State Administration of Market Supervision and Administration of the People’s Republic of China launched relevant investigations on the company in accordance with the Anti-Monopoly Law of the People’s Republic of China. As of the date of this report, relevant investigations are still ongoing, and the company actively cooperates with the State Administration for Market Supervision and Administration’s investigations. The company cannot predict the situation or results of the relevant investigation at this stage, and the company may be required to change its business practices and/or be fined.
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(Article Source: Interface News)
Article source: interface news
Editor in charge: DF142
Original title: Meituan: The State Administration of Market Supervision has launched related investigations on the company, and the company may be fined
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