China’s antitrust regulator has begun an investigation into
The State Administration for Market Regulation’s probe will look into whether Didi used any anti-competitive practices that squeezed out smaller rivals unfairly, two of the people told Reuters. The watchdog is also examining whether the pricing mechanisms used in Didi’s ride hailing business are transparent enough, according to the report.
Didi declined to comment to Bloomberg News. SAMR didn’t respond to requests for comment, Reuters said.
Didi, which last ...