China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market

China’s central bank has outlined its definitions of monopoly among third-party online payments for the first time, as it moves ahead with a plan to curb the market concentration in the world’s largest fintech market.Any non-bank service provider with …

China’s central bank has outlined its definitions of monopoly among third-party online payments for the first time, as it moves ahead with a plan to curb the market concentration in the world’s largest fintech market.Any non-bank service provider with half of the market for online transactions, or two entities with a combined two-thirds share, could be subject to antitrust investigations, according to draft rules released on Wednesday by the People’s Bank of China. Three providers with three…

This post was originally published on South China Morning Post.


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Tracy Qu,Jane Zhang | radiofree.asia (2021-10-24T22:15:03+00:00) » China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market. Retrieved from https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/.
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" » China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market." Tracy Qu,Jane Zhang | radiofree.asia - Wednesday January 20, 2021, https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/
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Tracy Qu,Jane Zhang | radiofree.asia Wednesday January 20, 2021 » China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market., viewed 2021-10-24T22:15:03+00:00,<https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/>
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Tracy Qu,Jane Zhang | radiofree.asia - » China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market. [Internet]. [Accessed 2021-10-24T22:15:03+00:00]. Available from: https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/
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" » China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market." Tracy Qu,Jane Zhang | radiofree.asia - Accessed 2021-10-24T22:15:03+00:00. https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/
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" » China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market." Tracy Qu,Jane Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/. [Accessed: 2021-10-24T22:15:03+00:00]
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» China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market | Tracy Qu,Jane Zhang | radiofree.asia | https://radiofree.asia/2021/01/20/chinas-central-bank-defines-monopoly-for-the-first-time-in-antitrust-curb-of-worlds-largest-online-payment-services-market/ | 2021-10-24T22:15:03+00:00
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