Friday, March 13, 2020

Regulating Digital Platforms in China: Current Practice and Future Developments

Yang Cao describes Regulating Digital Platforms in China: Current Practice and Future Developments.

ABSTRACT: The importance of the ‘platform economy’ in China is rising. WeChat (developed and owned by Tencent) affects virtually every aspect of Chinese people’s lives. Indeed, in China, this is one of the most common ways to communicate, make payments, play games, etc. The so-called ‘China tech trinity’, namely Baidu, Alibaba, and Tencent, collectively known as ‘BAT’, is seemingly expanding its businesses in every direction, ranging from retail to fintech.It has even been reported that Mark Zuckerberg plans to emulate WeChat’s business model. It seems that Apple, Google, and Facebook consider that the only way to remain competitive globally is to become some kind of super-platforms.

https://lawprofessors.typepad.com/antitrustprof_blog/2020/03/regulating-digital-platforms-in-china-current-practice-and-future-developments.html

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