On the Predicament and Outlet of the Regulation of Platform Killer Acquisitions
In recent years,platform killer acquisitions have become prevalent worldwide.It refers to acquisitions initiat-ed by platform enterprises with a dominant market position specifically targeting start-ups,using data monopoly as a means to eliminate start-ups and consolidate their own monopoly position.Platform killer acquisitions impede competition,innova-tion and fairness,and affect interests of start-ups,consumers and even society as a whole.However,China's existing regula-tory system is difficult to effectively regulate such issues,manifesting itself in the alienation of the idea of a prudent yet ac-commodative approach to regulation,the failure of a single turnover reporting standard,and the absence of ex post long term regulation and insufficient deterrence.In this regard,law enforcement agencies should,on the basis of the principles of com-bining ex ante and ex post supervision,combining subject matter and personal jurisdiction,and combining internal and ex-ternal supervision of platform killer acquisitions,follow the requirements of rules such as reviewing the effect of exclusion and restriction of competition,reviewing all the acquisition transactions of the listed platforms,and exercising the right of retrospective review and revocation of acquisitions in accordance with the law.
platform killer acquisitionslisted platformsstart-upsanti-monopoly law
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