China market regulator orders technology conglomerate Tencent to relinquish music label rights
JURIST
JULY 26, 2021
China’s State Administration on Market Regulation on Saturday ordered the multinational technology conglomerate Tencent Holdings, Ltd. The company was fined half a million yuan, or around USD $77,000, for unfair market practices relating to their 2016 purchase of the Chinese Music Corporation.
Let's personalize your content