China Antitrust Body Probes Intense Competition in Food Delivery
China’s top antitrust body has launched an investigation into competition practices in the online food delivery market, citing concerns that subsidy-driven price wars are distorting the real economy and fueling...
By Foster Wong · Bloomberg Markets
China’s top antitrust body has launched an investigation into competition practices in the online food delivery market, citing concerns that subsidy-driven price wars are distorting the real economy and fueling “involution.”