China investigates Meituan, Alibaba units for suspected antitrust violations – Tech
hina’s market regulator is investigating Meituan unit Beijing Sankuai Information Technology for suspected violations of unfair competition laws, the country’s official CCTV broadcaster reported on Saturday. China has been cracking down on monopolistic behavior, most recently fining Trip.com 5.2 billion yuan (US$776.41 million) over what the regulator said was its online hotel-booking monopoly, as Beijing…