China Market Regulator Fines 12 Firms for Violating Anti-Monopoly Law

People walk in front of a shop of Japan's telecoms giant SoftBank in Tokyo, Japan, on Nov. 23, 2018. Kazuhiro Nogi/AFP/Getty Images

BEIJING—China’s market regulator said on Friday it had fined 12 companies related to 10 deals that violated anti-monopoly rules.

The companies included Baidu Inc., Tencent Holdings, Didi Chuxing, SoftBank, and a ByteDance-backed firm, the State Administration for Market Regulation (SAMR) said in a statement on Friday.