--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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