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On July 5, Zhejiang province issued the Compliance Management Regulation for Platform Enterprises Competition, which is first provincial-level compliance regulation for platform competition, and will come into force throughout the province on August 5.
The Regulation absorbs the experience and practices of different types of e-platforms in the province that are of promotion and application value, with an aim to deal with the behavior of unfair competition, such as the exclusive dealing behavior of the platforms. It also combs the risks related to compliance competition of the e-platform enterprises from the perspectives of antitrust and anti-unfair competition, and clarifies the key points of compliance management for the competition.
The Regulation also illustrates the key points that need to be paid attention to in competition and compliance management, plus the risks of operators and risk control measures, and the illegal competition and high-risk behaviors with the e-platform background, as well as the potential risks in competition under such norm.