China opens antitrust investigations into Alibaba-backed travel platforms
China opened investigations into several major online travel and hotel-booking platforms, including an Alibaba-backed business and a Meituan unit, for suspected violations of unfair competition rules.
New Delhi, Sept. 19 -- China has opened investigations into several major online travel and hotel-booking platforms, including an Alibaba-backed business and a Meituan unit, for suspected violations of unfair competition rules. The regulatory action comes as Beijing intensifies scrutiny of digital…