Legislation roundup: Platform monopoly, Shenzhen PE and IPO
February 10, 2021 | BY
Susan MokData possession constitutes a crucial factor in determining platform monopoly, Shenzhen allows PE firms to invest in the A-share market and CSRC imposes requirements for adding new shareholders prior to an IPO application.
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Anti-Monopoly Committee of the State Council, Anti-Monopoly Guidelines for the Platform Economy Sector
When comparing with the draft of the Guidelines, "the level of difficulty of acquiring data" instead of "the cost of acquiring data" is a factor to be considered when determining the difficulty of which other operators can enter the relevant market.
A business operator in the platform economy with a dominant market position could abuse its dominant market