Prudence required regarding regulating of platform economy

THE NATIONAL INDUSTRIAL INFORMATION SECURITY DEVELOPMENT RESEARCH CENTER under the Ministry of Industry and Information Technology recently held a seminar in Beijing on internet platform competition law issues. China Youth Daily comments:

The rapid development of the internet economy in recent years has produced some huge internet platform enterprises, which has resulted in many new issues in the antitrust field.

As an important document guiding and standardizing the economic development of the platforms, the "Guiding Opinions on Promoting the Healthy Development of Platform Economy and Standardization" advances making internet trade supervision regulations and dealing with monopoly-related violations according to the laws and regulations to guarantee that all players in the platform economy can participate equally in market competition.