China's TMT Sector in 2021: A Year of Full Regulatory Strengthening
January 14, 2022 | BY
Susan MokThroughout 2021, China's legislative and enforcement authorities accelerated their all-encompassing regulation of the country's TMT sector, from anti-monopoly enforcement against internet platform giants to further crackdowns on cryptocurrencies, as well as tightening controls on the Internet content industry and online games. Casper Sek of Jingtian & Gongcheng discusses these challenges and the broader context of the regulators' continuing positive attitude towards new technology and overarching goal of safeguarding national security.
Summary :
- In 2021, China's anti-monopoly enforcement agencies have imposed severe penalties on large internet platform companies for their monopolistic activities.
- China, adopted a more aggressive regulatory approach to control