SITUATION REPORT

China: Tencent Holdings Drawn Into Anti-Monopoly Drive

Jul 12, 2021 | 21:19 GMT

China's State Administration of Market Regulation will force Tencent to give up exclusive rights to stream certain music labels, fine it $77,150 for lapsed reporting of app acquisitions, and block a merger plan with gaming streamers Huya and DouYu, Reuters reported July 12. ...

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