Progress

Current status
in force
10 May 2021 in force

Scope

Implementers
China
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

10 May 2021
in force

SAMR fines Zuoyebang and Yuanfudao for unfair and misleading trading practices

On 10 May 2021, China's State Administration for Market Regulation (SAMR) has issued fines to the educational technology companies Zuoyebang and Yuanfudao for unfair and misleading trading practices. According to the SAMR, the companies engaged in p…

Source
Event type investigation
Action type ruling
Government branch executive
Government body competition authority