Draft Rules' Impact on Data-Related Businesses

December 22, 2020 | BY

Susan Mok

Casper Sek of Jin Mao Partners highlights new draft rules that aim to curb monopolistic behavior and strengthen the administrative supervision of the internet platform economy, and standardize online petty loans businesses that use big data by imposing new requirements on internet platforms used by such businesses

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On Nov. 2 and 10, 2020 two draft rules were released to solicit public comments: (1) the Anti-Monopoly Guidelines for the Platform Economy Sector (Draft for Comments) (Draft Guidelines) (关于平台经济领域的反垄断指南 (征求意见稿)) by the State Administration for Market Regulation (SAMR); and