Chinese authorities released a series of proposals on Tuesday to regulate major tech companies further. For example, companies will no longer be allowed to use fake reviews to promote products.
There will also be protection in the field of intellectual property and brand reputation. Furthermore, tech companies such as Tencent and Alibaba are prohibited from making it technically impossible for their customers to use each other’s services.
Last week it was announced that the Chinese government was planning to introduce regulatory legislation in all kinds of areas in the coming years. As a result, large Chinese technology companies have been under pressure as the Chinese regulators tackle them with stricter rules. Beijing, for example, took measures against Alibaba and Tencent to tackle their powerful market positions. As a result, online retailer Alibaba was fined approximately 2.4 billion euros.
Other Chinese tech companies are also being tackled hard by the Chinese government, including taxi app Didi. Shortly after the company was listed on the US stock exchange, it was announced that a cybersecurity investigation is coming into the app.
Last month, the watchdog already drafted rules for Chinese meal deliverers to improve the conditions of employees. For example, delivery routes had to be adjusted. There were also reasonable delivery times.
