Shanghai Municipal Market Supervision Bureau conducts compliance guidance for platform enterprises

People’s Financial News, March 26 — Recently, the Shanghai Municipal Market Supervision Bureau organized key platform enterprises across the city to conduct antitrust compliance training activities, focusing on the interpretation and promotion of regulations such as the “Internet Platform Antitrust Compliance Guidelines.” This training session centered on the core content of the Guidelines, highlighting new monopoly risks in the platform economy such as “algorithm collusion” and “choose one of two.” Combining the development realities of the platform economy and typical enforcement cases, the session provided in-depth explanations on key provisions including the identification of monopoly agreements, risks of abusing market dominance, and declaration of operator concentration. It also warned enterprises to be vigilant against monopolistic behaviors utilizing data, algorithms, technology, capital advantages, and platform rules, and emphasized the importance of establishing and improving internal compliance review mechanisms.