Vipshop under probe over suspected unfair competition

2021-01-14 12:04:04

A logo of Vipshop. [Photo/Sipa] The State Administration for Market Regulation said on Thursday it has started investigation into Vipshop (China) Co Ltd and Guangzhou Vipshop E-Commerce Co Ltd for alleged practices of unfair competition. The move came after the authority launched an investigation in December into Alibaba for alleged monopolistic conduct, which refers to forcing merchants to sell on Alibaba's platforms exclusively and preventing them from selling on rival e-commerce websites.