The Chinese government has fined the largest ride-hailing service, Dee Dee, and Japanese mobile phone giant Softbank for failing to follow the procedures required by China's antitrust law when establishing a joint venture in Japan. Announced that it was fined.

The Chinese government is tightening its squeeze on IT companies that are expanding their influence, and this disposition seems to be part of that.

On the 12th, the Chinese government fined 500,000 yuan and 8 million yen in Japanese yen, respectively, for violating the antitrust law by the largest ride-hailing service, Dropdrop, and Japanese mobile phone giant Softbank. Was announced.



The two companies established a joint venture in Japan in 2018 and started a taxi dispatch service that uses a smartphone app to call a taxi, but even though it had to be examined by the Chinese authorities at that time, the application was submitted. It is said that he did not go.



This time, we also fined a total of 10 companies, including Tencent, which handles SNS, and Baidu, the largest online search company, for business acquisitions made in the past.



The Chinese government has tightened its squeeze on IT companies that are expanding its influence, and has also announced a policy to amend the Antimonopoly Act, which includes stricter punishment for violations.



This disposition seems to be part of such tightening of regulations.