Futubull, pay attention:
1. From the 'Draft for Solicitation of Comments' to the 'Official Draft' of the Guidelines on Anti-Monopoly in Platform Economy, it took only about three months.
2. Looking at the 'Official Draft', there is no obvious tightening, and there is even marginal relaxation in some key details.
3. For internet giants in the long term, having clear and explicit red lines is a good thing, providing fertile ground for new platform innovation.
To evaluate the most internationally competitive industries in China in the 21st century, the platform economy must have a reputation.
Tencent, Alibaba, Meituan, PDD Holdings, TikTok... Leading and well-known internet companies in terms of market cap are essentially building platforms, connecting the supply side with commodities, content, or services, and the demand side with a massive number of internet users.
For the purpose of safeguarding innovation, for quite a long period of time, the internet platform economy seemed to have nothing to do with the words 'anti-monopoly'. It was not until the end of 2020 that the anti-monopoly calls regarding the platform economy gradually escalated, even reaching the highest levels. In the secondary market, anti-monopoly has also become a major uncertainty in the internet sector.
In November 2020, the "Guidelines on Anti-Monopoly in the Field of Platform Economy (Draft for Solicitation of Comments)" were released, targeting the widely criticized phenomena of "price discrimination" and "pick one of two" in internet platforms. On the day the draft for solicitation of comments was introduced, the stock prices of mainstream internet platforms promptly fell, indicating the capital markets' attention to it.
After nearly three months, the "Guidelines on Anti-Monopoly in the Field of Platform Economy" were officially issued on the evening of February 7, 2021, hanging over the internet...