Chinese Regulators Extend Antitrust Scrutiny of Meituan, Nikkei Asia Says, Citing Sources

Dow Jones
02-20
 

--Regulators have extended an antitrust "rectification period" for Chinese food-delivery giant Meituan without giving a clear time frame for when regulatory scrutiny will end, Nikkei Asia reports, citing unnamed sources.

--Meituan's rectification period, which was supposed to end last October, was extended as the company continued seeking to block restaurants from joining other delivery platforms, Nikkei cites a source as saying.

--Meituan didn't respond to a request for comment, Nikkei said.

 

Full story: https://asia.nikkei.com/Business/Technology/Beijing-extends-antitrust-scrutiny-of-food-delivery-leader-Meituan

 

Write to Tracy Qu at tracy.qu@wsj.com

 

(END) Dow Jones Newswires

February 19, 2025 23:41 ET (04:41 GMT)

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