The country takes action again! Tencent, Baidu, and JD.com have all been punished, making it difficult for Internet giants to be "willful"

The country took action again.

On the afternoon of March 12, 2021, the State Administration for Market Regulation "fired another shot" into the anti-monopoly market.

Starting from Jack Ma’s speech at the Bund last year, Ant Financial’s plan to go public failed. The State Administration for Market Regulation immediately announced the “Anti-Monopoly Guidelines on the Platform Economy”, which directly targeted big data and e-commerce. The platform’s “choose one” behavior.

In addition to Alibaba, this shot a few days ago targeted Internet giants such as Baidu, Tencent, Suning, Didi, JD.com, etc., all of which were also on the list!

It can be said that the momentum is not small.

01#

Too much concentration of operators

Violation of long-term economic theory

What have these giants committed?

We found on the official website of the State Administration for Market Regulation that according to the provisions of the Anti-Monopoly Law of the People's Republic of China, the following company cases have been filed for investigation (excerpt):

The above The business activities seem to be normal commercial acquisitions, but in fact, what most people don’t know is that both Alibaba and Tencent, Baidu and JD.com have violated the Anti-Monopoly Law of the People’s Republic of China. Article 11:

Constitutes an illegal concentration of undertakings.

What is "Concentration of Operators"?

It refers to the behavior of two or more enterprises merging with each other, or one or more individuals or enterprises gaining control of all or part of other enterprises, resulting in lasting changes in their mutual relationships.

This doesn’t sound like a bad thing, so why is it illegal?

Yes, the concentration of operators is conducive to bringing into play the role of economies of scale and improving the competitiveness of operators. This can make a strong company more competitive, and even when it grows large enough, it can break through national borders and establish itself in the world's corporate forest.

However, this is not the full impact of "concentration of operators".

A more serious impact is that excessive concentration will create or strengthen market dominance, restrict competition, and harm efficiency.

Even though it is difficult for us, as ordinary people, to influence the direction of the entire market, we should know:

The ultimate goal of any country’s economic market is not to pursue short-term, smooth and fast results; Strive to achieve a sustainable and healthy economy.

So, it is true that these companies are giants, but they have indeed disrupted the market.

02#

Giants monopolize the market

Food looks too ugly

Some time ago, "community group buying" was very popular.

Internet giants such as Didi, Meituan, Alibaba, and Pinduoduo have entered the market one after another. No one wants to let go of this hot potato easily. Liu Qiangdong even personally took the lead and targeted JD.com’s community group buying business.

But the cake is only such a big piece, but there are so many companies. How to divide it?

Of course, it is still the usual routine of capital: use money to fight, first seize the market, and then annex and cut leeks, the same recipe as takeout and taxi-hailing software.

Soon, people began to denounce unscrupulous enterprises, not even sparing the livelihood of "vegetable vendors" on the street... As public opinion fermented, the People's Daily could not stand it anymore, and commented Said:

"Internet giants should not only focus on the traffic of a few bundles of cabbage and a few kilograms of fruit. The starry sea of ??technological innovation and the infinite possibilities of the future are actually more exciting."

< p> The meaning of this expression is obvious enough.

As a giant Internet company, it has a lot of resources but does not innovate and develop. Instead, it competes with the old man selling vegetables on the street for a few cabbage profits... ... < /p>

This eating appearance is really not good-looking.

In fact, monopolies like community group buying have more or less had a negative impact on us.

For example, in the past, business competition relied on products. If your products were of good quality, innovative, and your service was good, then the platforms would rush to invite you to join them; but later on, I don’t know when the platform started. It mainly focuses on anti-customers, crazy traffic and buying popularity, coercing a large number of merchants into the battlefield, and making huge profits.

But in the end, the merchant discovered that the profit was not as much as before.

In essence, this is a step-by-step realization of capital monopoly.

03#

A hundred schools of thought contend in the market

Health is far better than being outstanding

There is a joke about Samsung that goes like this:

Just imagine, how weird would it be if our lives became like this?

Some people say that capital’s pursuit of profit is ubiquitous.

This is indeed the case, but what can be expected is that the era when Internet capital is king will no longer exist in the future.

Although it is said that companies are fined lightly, this does not prevent it from being a tough attitude issued by the state. In the future, similar antitrust supervision will be "the norm."

As long as China’s market development strategy does not undergo major changes, the intensity of market supervision will not be reduced.

The era of barbaric growth of the Internet is coming to an end, and we can no longer rely on capital to "turn our hands into clouds and turn our hands into rain."

For us ordinary people, not living in a monopolistic business society means that our work and life are diversified; for small and medium-sized enterprises, there will also be opportunities for development, and there will be no Because capital disrupts prices, we truly rely on core technology to compete.

Judging from this action, we can also clearly feel:

What the country wants is for a hundred schools of thought to flourish, not for one to stand out alone.

And this is also what most ordinary people want.