BEIJING • China’s Anti-Trust Agency announced yesterday that it has completed investigations into 22 additional incidents involving technology companies violating the Antimonopoly Law and fines the companies 500,000 yuan (US $ 104,000) for each violation.
The companies involved include subsidiaries of tech giants Alibaba and Tencent, as well as the ride-hailing platform Didi.
According to documents published by the state market regulator, companies had either set up joint ventures without prior approval or abused their dominant position.
In one case, a subsidiary of Didi entered into a joint venture with an automobile manufacturer from the northeastern city of Changchun, but did not declare the partnership, even though the sales of both companies reached the minimum level.
Most of the other 21 cases involved similar circumstances.
Some of the firms, including Tencent and Didi, were convicted of similar crimes in late April.
This move is the latest in a series of actions against …