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Meituan sinks after CEO deletes posting seen critical of Beijing

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  1. sp00ky
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    The Chinese government has gone after major firms under the banner of antitrust recently, and I only wish the U.S. government would have such backbone. But it's not always clear if antitrust is...

    The Chinese government has gone after major firms under the banner of antitrust recently, and I only wish the U.S. government would have such backbone. But it's not always clear if antitrust is truly the motivator behind the actions. It's pretty chilling that markets anticipate regulatory actions not based on uncompetitive actions of a company, but by mere interpretation that someone in the company "may" have insulted the government.

    2 votes