Regulators have launched an anti-trust probe into Meituan, one of China’s biggest food delivery firms, they said on Monday, as Beijing clips the wings of its soaring tech companies. The probe was prompted by reports that Meituan allegedly engaged in forced exclusivity agreements with vendors, the State Administration for Market Regulation said in a statement. Those were among its “suspected monopolistic behaviours”, the regulator said. E-commerce titan Alibaba was hit by a record 18.2bn yuan ($2.78bn) fine this month after facing a similar charge. The woes of Meituan, which counts gaming giant Tencent as a shareholder, is the latest sign that China’s assault on big tech is far from over. Be
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