Latest news and articles about small merchants
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Several Chinese municipal market regulators have ordered food-delivery platforms to halt low-price, subsidy-driven “involution” ahead of the Spring Festival, banning predatory subsidies, ‘‘choose-one’’ exclusivity, data-based price discrimination and coercive promotional tactics. The measures aim to protect small merchants, restore market order during a high-demand period, and push platforms to shift from capital-driven growth to value creation.
