Core Viewpoint - The article discusses the release of the draft "Basic Requirements for the Management of Delivery Platform Services" by the State Administration for Market Regulation, which aims to address key issues such as platform fees, promotional activities, and rider rights protection in the food delivery market [2][3]. Group 1: Regulatory Framework - The draft focuses on clarifying the rights and responsibilities of various stakeholders including the government, platforms, merchants, consumers, and riders, to create an effective incentive and constraint mechanism [2][4]. - It emphasizes the need for transparency in fee structures and requires platforms to enhance merchant information verification and reduce issues like "ghost deliveries" and "merchant over-ordering" [4][6]. - The draft aims to protect rider rights by implementing fatigue alerts for those who have been accepting orders for over four hours and setting limits on daily order volumes [2][3]. Group 2: Market Characteristics - The food delivery market is characterized by complex relationships among independent entities (merchants, riders, platforms, and consumers) based on contractual agreements, leading to high transaction costs and information asymmetry [3][4]. - Current regulatory approaches are still in the exploratory phase, with a lack of mature regulatory experience from authorities [3][4]. Group 3: Governance and Cooperation - Effective regulation should focus on establishing proper procedures for market participants rather than imposing rigid rules, allowing for flexibility in service offerings [4][5]. - The introduction of collective litigation and dispute resolution mechanisms is suggested to ensure that all stakeholders share responsibilities and rights equitably [5][6]. Group 4: Market Dynamics - The recent subsidy wars among delivery platforms have highlighted various issues within the market, necessitating a focus on protecting legitimate rights and ensuring fair competition [6]. - The government is encouraged to uphold procedural justice and leverage market forces to create a cooperative governance system, moving away from traditional regulatory approaches [6].