Didi is under state investigation of monopoly

Beijing is investigating the merger between Didi Chuxing and Uber China regarding potential monopoly charges. This is likely to allow new comers to join the game, and foster legislation progress in the industry.

“We are now carefully looking into the case according to related law and regulation… Ride hailing is a new industry…which shows complicated and fast-changing competition,” Wu Zhenguo, head of China’s Anti-monopoly Bureau said during the State Council Information Office’s meeting with media (in Chinese) on November 16.

Wu added that China’s Anti-monopoly Law, which has been implemented for ten years, treats all parties equally regardless of nationalities and market status.

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