明确恶性竞争的界定，促进市场公平竞争

Core Viewpoint - The National Market Regulatory Administration has addressed the recent subsidy disputes among food delivery platforms, emphasizing the need for compliance with laws and regulations to prevent unfair competition and promote orderly industry development [2][3] Group 1: Regulatory Actions - The regulatory body has conducted discussions with major food delivery platforms, which have collectively committed to adhering to legal standards and avoiding malicious subsidies [2] - The administration will closely monitor competition in the food delivery sector, requiring platforms to enhance service quality and maintain food safety standards [2][5] - Platforms are urged to control subsidies reasonably to avoid disrupting the normal pricing system and to support merchants while ensuring rider rights [2][5] Group 2: Industry Competition Dynamics - There are mixed opinions regarding the subsidy wars; some view it as normal competition, while others see it as disruptive and indicative of unfair practices [2][3] - The ongoing subsidy wars have led to significant revenue increases for platforms, but profits have plummeted, attributed mainly to substantial subsidy expenditures [4] - The characteristics of malicious competition include overall price competition initiated by a few companies, leading to long-term low or negative profit margins across the industry [3][4] Group 3: Legal Framework - The Anti-Unfair Competition Law prohibits platform operators from forcing merchants to sell below cost, which disrupts market order [5] - Recent policy documents emphasize preventing operators from engaging in malicious competition through below-cost pricing [5] - The regulatory framework aims to delineate clear boundaries for price-related malicious competition, including in the subsidy domain [5] Group 4: Broader Implications - The Minister of Industry and Information Technology highlighted the potential for irrational competition to destroy businesses and industries rapidly, a sentiment applicable across all sectors [6]