China's science and technology crackdown: antitrust agencies send a signal to strengthen law en

China's science and technology crackdown: antitrust agencies send a signal to strengthen law enforcement in 2022 while promoting market deconstruction China’s top market regulator plans to tighten enforcement of antitrust and anti-unfair competition rules in 2022, the head of the agency said, signalling that the tech sector will continue to face government scrutiny after a year of forceful regulatory clampdown on the country’s Big Tech firms. The State Administration for Market Regulation will “strengthen supervision and law enforcement in key areas such as the platform economy, technological innovation, information security, and the protection of people’s livelihood”, Zhang Gong told the state-run Xinhua News Agency in an interview published Wednesday. In October, on-demand service provider Meituan was fined US$533 million for similar reasons. South China Morning Post have halved in value this year. issued a job posting a meeting in early December the Communist Party’s Politburo emphasised the country’s drive for technological self-sufficiency and innovation, while shunning mentions of antitrust and the “disorderly expansion of capital” that 12 months ago kicked off a tumultuous year of crackdowns on the technology sector.