Core Viewpoint - The State Administration for Market Regulation has initiated an investigation into the competitive landscape of the food delivery platform service industry, emphasizing the need for fair competition and compliance with antitrust laws to foster innovation and healthy development in the sector [1][2]. Group 1: Investigation Announcement - The investigation aims to assess the competitive conditions in the food delivery platform service industry, which has been facing issues such as excessive subsidies, price wars, and traffic control, leading to negative impacts on the real economy and heightened competition [1][2]. - The investigation will involve on-site verification, interviews, and surveys to gather insights from various stakeholders, including platform operators, new employment groups, and consumers [2]. Group 2: Industry Response - Major food delivery platforms, including Meituan, Taobao Shanguo, and JD Delivery, have expressed their support for the investigation and committed to cooperating fully with the regulatory efforts [3]. - Meituan has reiterated its stance against "involution" and emphasized its commitment to fair competition, having publicly stated its position multiple times over the past year [3]. - Taobao Shanguo highlighted the importance of fair competition as a core principle of market economy and pledged to work collaboratively with partners to enhance service quality [3]. - JD Delivery expressed its support for measures that maintain market fairness and protect the rights of consumers and operators, aiming to promote high-quality development in the food delivery sector [3].

Core Viewpoint - The recent meeting minutes reveal that the Chinese regulatory authority has raised concerns about potential monopolistic practices in the polysilicon industry, leading to a significant market reaction and stock price declines for major companies in the sector [1][2]. Group 1: Regulatory Actions - On January 6, 2026, the State Administration for Market Regulation held discussions with key players in the polysilicon industry, including Tongwei Co., GCL-Poly Energy, Daqo New Energy, and others, to address reported monopolistic risks and suggested corrective measures [1][2]. - The meeting minutes indicated that since July 2025, there have been allegations of companies colluding to raise polysilicon prices under the guise of self-regulation, which included signing commitment letters and forming a platform company for capacity integration [2]. Group 2: Market Impact - Following the regulatory discussions, stock prices for major polysilicon companies fell significantly, with declines of 3.83% for Tongwei, 7.89% for GCL-Poly, 6.1% for Daqo, and 7.81% for Xinte Energy as of January 9 [1]. - Analysts suggest that the recent price increases in polysilicon, which had risen to over 60,000 yuan per ton, may not be sustainable due to the regulatory scrutiny and potential dismantling of price-fixing agreements among companies [5]. Group 3: Industry Perspectives - Industry experts emphasize the need for a legal and market-driven approach to combat "involution" and monopolistic practices, highlighting that the recent regulatory actions are a response to industry reports and not a rejection of the efforts made towards self-regulation [2][4]. - The establishment of the Beijing Guanghe Qiancheng Technology Co., viewed as a platform for capacity integration, has been criticized, with some industry insiders suggesting that its objectives may no longer be necessary [3][4]. Group 4: Future Outlook - The polysilicon market is expected to experience further price adjustments, with predictions that prices may eventually trend towards 40,000 yuan per ton as market competition intensifies and supply-demand dynamics remain loose [5]. - The ongoing discussions about "anti-involution" and regulatory compliance will likely shape the future strategies of companies within the polysilicon sector, as they navigate the balance between competitive pricing and regulatory frameworks [4][5].

Group 1: Food Delivery Market Investigation - The State Administration for Market Regulation has initiated an investigation into the competitive status of the food delivery platform service industry based on the Anti-Monopoly Law of the People's Republic of China [4] - Taobao Flash Sale stated that it adheres to principles of fairness and compliance with laws and regulations in its operations, including merchant management and consumer rights protection [4] - Meituan expressed its support for the investigation and emphasized the need for rational competition in the industry, aiming to promote innovation and healthy development within the food delivery platform service sector [4] Group 2: Apple CEO Succession - Apple is reportedly accelerating the selection process for a successor to CEO Tim Cook, with John Ternus, the current Senior Vice President of Hardware Engineering, emerging as the leading candidate [7] - Cook, aged 65, has indicated to management that he feels fatigued and may step down as CEO this year, potentially transitioning to the role of Chairman of the Board [8] Group 3: MiniMax IPO - MiniMax, a large model company, went public on the Hong Kong Stock Exchange, opening with a more than 50% increase and reaching a market capitalization exceeding 77 billion HKD [13] - The company priced its shares at a maximum of 165 HKD, with initial trading showing a significant rise, indicating strong investor interest [13]

Core Viewpoint - The State Council's Anti-Monopoly and Anti-Unfair Competition Committee has initiated an investigation and assessment of the market competition status in the food delivery platform service industry, prompting responses from major players like Meituan, Taobao Flash Sale, and JD Delivery [1][3][5]. Group 1: Company Responses - Meituan expressed strong support for the investigation, emphasizing the need for rational competition and opposing "involution" in the industry. The company aims to collaborate with other platforms to promote innovation and healthy development in the food delivery sector [1]. - Taobao Flash Sale highlighted the importance of fair competition as a core principle of market economy, committing to compliance with relevant laws and regulations. The company plans to work with merchants and partners to enhance service quality and maintain a fair market environment [3]. - JD Delivery welcomed the investigation, supporting measures to combat involution and protect the rights of consumers, operators, and delivery personnel. The company intends to innovate its supply chain model to promote high-quality food delivery services [5].

来源：中国新闻网 编辑：张嘉怡 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中国官方对外卖平台服务行业市场竞争状况开展调查评估 中新社北京1月9日电 (记者 刘亮)据中国国家市场监管总局9日消息，中国国务院反垄断反不正当竞争委 员会办公室近日依据《中华人民共和国反垄断法》，对外卖平台服务行业市场竞争状况开展调查、评 估。 国务院反垄断反不正当竞争委员会办公室有关负责人指出，近段时间以来，外卖平台服务行业拼补贴、 拼价格、控流量等问题突出，挤压实体经济，加剧行业"内卷式"竞争，社会各方面反映强烈。此次调查 评估旨在推动外卖平台依法合规经营、公平有序竞争，形成优质优价、良性竞争的市场秩序。 据悉，本次调查评估将通过现场核实、当面访谈、问卷调查等方式，深入了解外卖平台竞争行为，广泛 听取平台内经营者、新就业群体、消费者等各方意见，全面调查市场竞争状况，组织开展分析论证，传 导监管压力，提出处置措施。外卖平台要积极配合市场调查、评估工作，严格落实反垄断合规主体责 任，有效防范化解垄断风险，公平参与市场竞争，促进外卖平台服务行业创新和健康发展。(完) 中新经纬版权所有，未经书面授权，任何单位及 ...

对此，美团、淘宝闪购均作出回应。 【导读】外卖巨头最新发声，支持开展外卖行业调查评估 外卖巨头，最新发声！ 1月9日，国务院反垄断反不正当竞争委员会办公室宣布，对外卖平台服务行业市场竞争状况开展调查、评估。 淘宝闪购称，公平竞争是市场经济的核心原则，也是推动外卖平台服务行业持续创新与健康发展的基石。淘宝闪购始终坚持公平、公正、公开的原则，在 商户管理、价格行为、配送员权益保障、消费者权益保护等方面，严格遵守《反垄断法》《反不正当竞争法》等相关法律法规，遵循《外卖平台服务管理 基本要求》开展业务。 淘宝闪购欢迎并将积极配合此次行业市场竞争状况调查、评估工作，严格落实合规主体责任，持续与商户、生态合作伙伴等各方携手，提供更多元化、更 高质量的服务，共同维护好公平有序的市场环境，合力推动外卖服务行业进一步繁荣发展。 美团方面表示，坚决拥护国家开展外卖市场竞争调查评估。近一段时间以来，外卖市场"拼价格、拼补贴、控流量"等非理性竞争问题突出。美团多次呼吁 行业回归理性，坚决反对"内卷式"竞争。 美团将以此次调查为契机，和行业内各平台一起，共同落实市场主体责任，公平参与市场竞争，促进外卖平台服务行业创新和健康发展。 国务 ...

Core Viewpoint - The State Administration for Market Regulation has initiated an investigation into the competitive practices of the food delivery platform industry, citing issues such as excessive subsidies, price wars, and traffic control that harm the real economy and exacerbate "involution" competition [1] Group 1: Investigation and Regulatory Actions - The investigation aims to assess the competition status in the food delivery platform sector, evaluate monopoly risks, and regulate market order, utilizing methods such as on-site verification, interviews, and surveys [1] - The investigation reflects the government's commitment to ensuring fair competition and compliance within the industry, urging platforms to cooperate and adhere to antitrust responsibilities [1] Group 2: Industry Responses - Meituan expressed strong support for the investigation and emphasized the need for rational competition, committing to collaborate with other platforms to fulfill market responsibilities and promote healthy industry development [2] - Taobao Shanguo welcomed the investigation, pledging to maintain fair competition and work with merchants and partners to enhance service quality [4] - JD.com also supported the decision, advocating against harmful competition and focusing on quality development through supply chain innovation [7] Group 3: Financial Impact and Historical Context - In the third quarter of 2025, Meituan reported an adjusted net loss of 16 billion yuan, indicating that the price war has not created value for the industry and is unsustainable [9] - Alibaba's operating profit fell by 85% year-on-year to 5.365 billion yuan, with its adjusted EBITA for the e-commerce segment down 76% [10] - JD.com's net profit decreased by 54.7% year-on-year to 5.3 billion yuan, with new business losses significantly increasing [10]

Core Viewpoint - The article discusses the recent announcement by the State Council's Anti-Monopoly and Anti-Unfair Competition Committee to conduct an investigation and assessment of the competitive conditions in the food delivery platform service industry, highlighting issues of irrational competition such as price wars and excessive subsidies [2][8]. Group 1: Responses from Major Players - Meituan expressed strong support for the investigation, emphasizing the need for the industry to return to rational competition and to oppose "involution" competition [3]. - Taobao Shanguo stated that fair competition is essential for the sustainable innovation and healthy development of the food delivery service industry, and it adheres to relevant laws and regulations [5]. - Taobao Shanguo welcomed the investigation and committed to cooperating actively, aiming to maintain a fair and orderly market environment [6]. Group 2: Investigation Details - The investigation aims to address issues such as excessive subsidies, price competition, and traffic control that have been reported to harm the real economy and exacerbate "involution" competition [8]. - The assessment will involve on-site verification, face-to-face interviews, and surveys to gather comprehensive insights from various stakeholders, including platform operators, new employment groups, and consumers [8]. - The market regulatory authority also released ten governance rules to combat "involution" competition, which includes basic requirements for food delivery platform services, focusing on merchant management, pricing behavior, and consumer rights protection [8].

Core Viewpoint - The State Administration for Market Regulation has initiated an investigation into the competitive practices of the food delivery platform industry, addressing issues such as excessive subsidies, price wars, and traffic control that harm the real economy and exacerbate "involution" competition [1] Group 1: Investigation and Regulatory Actions - The investigation aims to assess the market competition status of food delivery platforms, evaluate monopoly risks, and regulate market order, utilizing methods such as on-site verification, interviews, and surveys [1] - The investigation reflects the government's commitment to ensuring fair competition and compliance within the food delivery service industry, encouraging platforms to cooperate and adhere to antitrust responsibilities [1] Group 2: Industry Responses - Meituan expressed strong support for the investigation and emphasized the need for rational competition, committing to collaborate with other platforms to fulfill market responsibilities and promote healthy industry development [2] - Taobao Shanguo welcomed the investigation, pledging to maintain fair competition and work with merchants and partners to enhance service quality [4] - JD.com also supported the decision, advocating against harmful competition and focusing on quality development through supply chain innovation [7] Group 3: Financial Impact and Historical Context - In the third quarter of 2025, Meituan reported an adjusted net loss of 16 billion yuan, indicating that the price war has not created value for the industry and is unsustainable [9] - Alibaba's operating profit for the third quarter of 2025 fell by 85% to 5.365 billion yuan, with its adjusted EBITA for the e-commerce segment down 76% [10] - JD.com's net profit for the same period decreased by 54.7%, with new business losses significantly increasing [10]

Core Viewpoint - The State Council's Anti-Monopoly and Anti-Unfair Competition Committee Office has initiated an investigation into the competitive landscape of the food delivery platform service industry to promote compliance and fair competition [1][2] Group 1: Investigation and Regulatory Actions - The investigation aims to assess monopoly risks and regulate market order through on-site verification, interviews, and surveys, gathering opinions from various stakeholders including platform operators, new employment groups, and consumers [2] - The investigation is a response to the prevalent issues of irrational competition characterized by price wars, subsidies, and traffic control, which have negatively impacted the real economy and intensified "involution" within the industry [1][2] Group 2: Company Responses - Taobao Shanguo expressed its commitment to fair competition as a core principle of market economy and stated its adherence to relevant laws and regulations, welcoming the investigation and pledging to cooperate fully [2] - Meituan acknowledged the issues of irrational competition and called for a return to rationality in the industry, viewing the investigation as an opportunity to promote innovation and healthy development within the food delivery service sector [2] Group 3: Industry Context and Future Implications - The food delivery service industry is a significant part of China's platform economy, contributing to consumption, employment, and innovation [1] - The investigation is expected to shift the focus of competition from price wars to compliance and service quality, aligning with the implementation of the "Basic Requirements for Food Delivery Platform Services" [3]