Sherpa’s hit with 1.17m yuan fine
Print Edition
Sherpa’s, an English-language food delivery service provider based in Shanghai, has been fined 1.17 million yuan (US$180,000) for violating China’s anti-monopoly law, the city’s market watchdog said yesterday.
The firm was found to have abused its dominant market position, signing agreements containing “exclusive delivery right terms” with all catering business partners and requiring them to stop cooperating with its competitors or face removal from the platform between January of 2017 and October of 2019, the Shanghai Administration for Market Regulation said based on its investigation.
Sherpa’s actions secured a large number of eatery and catering business resources in the market, seriously hindering competition and infringing on the rights and interests of consumers and other businesses, the administration said.
The fine imposed was based on 3 percent of the company’s turnover in 2018.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
