Because it is clearly stated in the Anti-monopoly Guide on the Platform Economy (Draft for Comment), monopoly agreements in the platform economy mainly refer to agreements, decisions or other concerted actions of platform operators and operators within the platform to exclude or restrict competition. It covers the identification of market dominance, unfair price behavior, below-cost sales, limited transactions, differential treatment (big data killing), tying or attaching unreasonable trading conditions.

According to the General Administration of Market Supervision, this is to prevent and stop monopolistic behaviors in the platform economy, guide operators in the platform economy to operate in compliance with laws and regulations, and promote the sustained and healthy development of the online economy.

Extended information

On November 1, 22, Internet companies in China plunged, and the top losers were all related to e-commerce.

As of the close of the day, Youzan had the highest decline, accounting for 11%, followed by Meituan, which dropped by 1%, and Pinduoduo and JD.COM were among the top losers. These companies are all e-commerce related Internet platforms.

On November 1th, the day before the Double Eleven, the General Administration of Market Supervision issued the Anti-monopoly Guide on Platform Economy (Draft for Comment). The most involved in the guide is also the e-commerce industry. The guide clearly defines the previously vague definitions such as "choose one from two" and "kill big data". Several experts interviewed by reporters believe that the release time of the guide was chosen on the eve of the Double Eleven, which is self-evident for the e-commerce industry.

on November 1th, according to the article of China's official website, the Central Network Information Office, the General Administration of Market Supervision and the State Administration of Taxation jointly held an administrative guidance meeting to regulate the online economic order, requiring 27 platform companies not to engage in illegal and illegal competitive behaviors such as "choosing one from the other" by abusing their dominant market position, defaming their goodwill, and holding transactions, or "invisible" unfair competitive behaviors by relying on algorithm recommendation, artificial intelligence and big data meta-analysis.

The stock prices of giants such as Phoenix Net-Meituan JD.COM Ali Tencent have plummeted, which is a signal.

The stock prices of Phoenix Net-Ali Tencent Meituan JD.COM have all fallen, and experts explain in detail why the anti-monopoly guide has a huge impact.