According to Head of Anti-Monopoly Bureau of State Administration for Market Regulation, Chinese regulator has opened an investigation to assess the impact of merger of two ride-hailing businesses, Didi and Uber's China branch on competition and development of the industry.

Didi took over its U.S. rival's China business in August 2016, sparking concern over potential monopoly. The Ministry of Commerce said a month later it was investigating the merger.

During the press conference, it was said that China gives full play to market competition for stronger innovative impetus in internet sectors, and works to strengthen regulatory rules and systems as well.

For more: http://www.china.org.cn/business/2018-11/16/content_72966781.htm