Free e-market competition is good for all
China Daily | Updated: 2015-11-06 07:51
ALIBABA.COM AND JD.COM, China's e-commerce giants, recently had a dispute with the latter accusing the former of preventing online retailers who took part in JD's sales activities from taking part in sales through Alibaba's platform. Jd.com said it had reported the matter to the authorities. Comments:
Free competition helps a market prosper while monopoly harms it - this principle applies to online and offline businesses both. There is not enough evidence to suggest that either of the e-commerce platforms in China has turned into a monopoly. Still law enforcers need to take measures to penalize companies for trying to monopolize online retail. Only strict measures can ensure the continuation of a free e-market.
Beijing Times, Nov 5
Photo