China has set its sights on some of its most powerful tech giants, rolling out draft antitrust rules that could reshape the country’s digital economy. The new measures are designed to curb monopolistic practices by major internet platforms, with companies like Alibaba and Tencent expected to face closer scrutiny.
The proposed regulations would affect key sectors such as e-commerce, online payments, and food delivery. Analysts say the move signals Beijing’s determination to rein in the growing influence of its tech sector—a step that few governments elsewhere have the political freedom to take so decisively.
In short, China is tightening the reins on Big Tech, and the impact could ripple through both its domestic market and the global digital economy.
