Meituan: Cooperating with regulatory investigations, all businesses are running
Today, Meituan received a notice from the State Administration of Market Supervision to file an investigation into Meituan’s suspected monopolistic conduct in accordance with the law. The company will actively cooperate with the investigation by the regulatory authorities to further improve the level of business compliance management, protect the legitimate rights and interests of users and all parties, promote the long-term and healthy development of the industry, and earnestly fulfill its social responsibilities. At present, the company’s various businesses are operating normally.
Recently, the State Administration of Market Supervision, based on reports, filed investigations into Meituan’s “choice of two” and other suspected monopolistic behaviors in accordance with the law.
The two chefs of administrative law and civil law are ecstatic, this wave can be called a dream linkage. The recent limelight by the General Administration of Market Supervision is simply unprecedented. First, it announced the penalty decision against Alibaba, ordering the Alibaba Group to stop abusing its dominant market position and imposing a fine of 4% of its 2019 domestic sales of 455.712 billion yuan, totaling 18.228 billion yuan. Now it is because of choosing one of the two, the suspected monopolistic behavior of Meituan has been investigated. Let me first popularize what is one of the two options: “Choose one between the two” refers to abuse of market dominance and constitutes restricted trading behavior. It refers to the use of dominant position and merchant’s dependence on the platform to use improper means to force operators to “two options” between platforms. Choose one”. The concept of choosing one of the two is a black or white relationship. Above the chess game, the white pieces overturned all the black pieces, which is definitely unreasonable. According to our hometown, it’s not atmospheric enough. But do you make money, business, except that it may involve illegality. You talk to it about the rule of law, and the boss tells you the market value. There is only one prerequisite for choosing one of the two. Party A’s market share is high enough, and Party A has the final say. Because of enough confidence, the user’s viscosity is high enough to dare to play such a card. It’s like a canteen outsourced by our previous school, this is the only one, you are hungry if you don’t eat. Why Meituan is the best? The first is that Meituan’s technology is in place, its market share is high, and it is advancing so fast that it is still louder than other companies. The other is that the proportion of food delivery in social life is indeed too large. Whether it is the second-tier, third-tier, or the first-tier, food, drink and housing are just people’s needs. Take-out has become most of the traffic in restaurants and convenience stores. There are even some small shops that rent out shops in residential areas to specialize in take-out business. And Meituan takeaway has a market share of up to 60%, which is undoubtedly a pretty scary figure. It is precisely because of the high viscosity of Meituan’s local life that Meituan has a borderless river. Freedom of transaction is the soul and rule of the market economy. This is a universal truth. The European Union sanctions Google and our antitrust investigation on am is also the same. No matter what industry it is, no matter what platform it is, Xiaoyu Xiaoxia must be given a way to survive and consumers have the freedom to choose. We just hope that when we eat a takeaway, we can not only find a store on a takeaway, but also find a store on b takeaway. We just hope that when shopping, we can not only see the merchants on the a platform, but also on the b platform. And this is exactly what the anti-monopoly law and administrative law should have, and it is also the meaning of the anti-monopoly guidelines. In the light of the rule of law, I hope that every citizen can enjoy the temperature of the rule of law. Ande leaned on the heavenly sword and cut long whales across the sea. The rule of law is the sword of heaven in the operation of our market economy. On February 7 this year, the Anti-Monopoly Commission of the State Council formally formulated and issued the Anti-Monopoly Guidelines of the Anti-Monopoly Commission of the State Council on Platform Economy (hereinafter referred to as the “Guide”), emphasizing that the “Anti-Monopoly Law” and supporting laws and regulations apply to all industries , Treat all types of market entities equally and fairly, aiming to prevent and stop monopolistic behavior in the platform economy, and promote the orderly, innovative and healthy development of the platform economy. The “Guide” is based on the “Anti-Monopoly Law” and consists of six chapters and 24 articles, including general provisions, monopoly agreements, abuse of market dominance, concentration of operators, abuse of administrative power to exclude restrictions on competition, and supplementary provisions. In response to hot issues such as “choose one” and “big data”, which are frequently reflected by all parties in the society, the “Guide” clarifies that to identify the abuse of market dominance in the field of platform economy, it is usually necessary to first define the relevant market and analyze the operator’s Whether the relevant market has a dominant position, and then analyze whether it constitutes an abuse of market dominance based on the individual case. The “Guide” lists in detail the consideration factors for determining or presuming that an operator has a dominant market position, including the operator’s market share, relevant market competition conditions, the operator’s ability to control the market, the operator’s financial and technical conditions, and other operators’ Dependence, difficulty of market entry, etc. At the same time, the “Guide” detailed the manifestations of abuse of market dominance one by one, such as unfair price behavior, selling below cost, refusal to deal, restricted transaction, tie-in sale, or additional treatment of unreasonable trading conditions, etc., to promote various aspects of the platform economy. Such market entities operate in compliance with laws and regulations.