WSJ News Exclusive | China Beefs Up Antimonopoly Body Amid Regulatory Push

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China’s antitrust watchdog is beefing up its senior ranks as authorities step up efforts to rein in powerful technology companies

HONG KONG—China’s antitrust watchdog is beefing up its senior ranks as authorities step up efforts to rein in the country’s powerful technology companies.

Dong Hongxia will take on a new role as a third deputy director-general of the Antimonopoly Bureau, part of the powerful State Administration for Market Regulation, according to people familiar with the matter. Ms. Dong, currently director of a division responsible for reviewing mergers, is an expert on antitrust issues and a frequent speaker at seminars and events.

The appointment, expected to take effect in the coming months, would mark the first time that the bureau has three deputy director-generals at once—a reflection of the agency’s growing clout, the people said. Several low-to-mid-level officials will be added to the bureau’s merger-review divisions as it expands its reach and resources in the widening antitrust crackdown, these people said.

 

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This is because Chinese government officials have experienced the work of delivery workers and shared their work experience with them. In order to make new rules for the company, to protect the interests of the lowest level of workers.

Well at least they look like something will get done.

傳播虛假新聞

I know monopoly call kill capitalism; did not realize the communist market system was equally vulnerable.

Imran Khan has failed to fulfil his promises to the people of Pakistan, yet he has not accepted his failures in public or admitted to his Government’s mistakes. The sooner PMIK steps down the less people of Pakistan will suffer – Jan 2021, Muhammad Qasim Dreams

Understand for the 1st time in western history there is a preferred ideology of business & elites that is authoritarian bureaucratic rule that embraces slavery & genocide & no credible watch exist

China is f*cking crazy.

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