China enacted sweeping changes to a business competition law to address fraud in the e-commerce industry, which is plagued by malfeasance ranging from fake positive reviews to merchants goosing sales numbers.
The National People’s Congress adopted revisions Nov. 4 to the Anti-Unfair Competition Law intended to address online retailers, the official Xinhua News Agency reported. The changes take effect Jan. 1 but were announced days before Alibaba Group Holding Ltd.’s Nov. 11 Singles’ Day bargain extravaganza, which dwarfs Black Friday in the U.S. in terms of revenue.
The Chinese law initially took effect in 1993 as a way to protect ...
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