China Probes Takeout Firm Meituan Over Antitrust Concerns

China Probes Takeout Firm Meituan Over Antitrust Concerns
A Meituan delivery man in yellow goes on his rounds in Shanghai, China, on April 21, 2021. Ng Han Guan/AP Photo
The Associated Press
Updated:

HONG KONG—China’s market regulator said Monday it has launched a probe into suspected monopolistic behavior by food delivery firm Meituan.

The investigation comes amid increased scrutiny of internet companies suspected of anti-competitive practices.