China to probe food delivery platforms under anti-monopoly law

China has launched a market competition probe and assessment for its food delivery platforms, the State Council announced on Friday, a move analysts said was an affirmation of the country’s determination to continue to combat self-defeating competition. “Recently, issues such as excessive subsidies, price wars and control over traffic flow in the online food delivery platform service industry have become prominent,” according to a statement issued by the Anti-Monopoly and Anti-Unfair Competition...