China issues draft rules on food delivery subsidy to curb price wars

China's market regulator is seeking public comment on draft rules to regulate food delivery platforms, aiming to curb price wars and unfair competition.

​China's ​market regulator ‌said on Wednesday ​it was seeking public ‌comment on draft rules to regulate subsidies by food delivery ‌platforms, citing price wars and "irrational ‌competition" in the sector. The draft rules would bar platforms ⁠from ​forcing ⁠merchants to join subsidy campaigns or ⁠bear subsidy costs, using ​capital advantages for monopolistic or unfair ⁠competition, or selling goods below ⁠cost, ​the State Administration for Market Regulation said.

The rules ⁠are open for public feedback ⁠through ⁠July 17.

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