Two departments: preventing online hotel reservation platforms from falling within the service industry and creating a healthy competitive market order

The Zhitong Finance App learned that on September 15, the State Administration of Market Regulation and the Ministry of Culture and Tourism held an administrative guidance meeting for the online hotel reservation platform service industry. The meeting demanded that all platform companies should strictly abide by the “Anti-Monopoly Law of the People's Republic of China”, “Anti-Unfair Competition Law of the People's Republic of China”, “E-Commerce Law of the People's Republic of China”, and “Tourism Law of the People's Republic of China”, etc., and use case as a guide, comparative self-inspection, and consciously prevent and resolve “internal issues” and competitive risks such as exclusive cooperation and “the lowest price on the entire network”. It is necessary to enhance awareness of compliance, establish a firm bottom line for compliant management and safe development, improve long-term compliance mechanisms, jointly create a market order with high quality, high prices and healthy competition, effectively safeguard the legitimate rights and interests of consumers, and promote the win-win development of various players within the platform ecosystem.

The original text is as follows:

The General Administration of Market Regulation and the Ministry of Culture and Tourism held an administrative guidance meeting for the online hotel reservation platform service industry

On September 15, the General Administration of Market Regulation, together with the Ministry of Culture and Tourism, held an administrative guidance meeting for the online hotel reservation platform service industry to guide platform enterprises in the industry to strictly implement their main compliance responsibilities, prevent and mitigate competitive risks in the industry, and maintain a healthy and orderly travel market environment.

The conference pointed out that fair competition is the cornerstone of the rule of law in a market economy, and that compliant management is the lifeblood of enterprise development. In recent years, China's online hotel reservation platform service industry has developed rapidly and played a positive role in facilitating people's lives and promoting travel consumption. At the same time, competitive risks cannot be ignored. As key players in the industry, online hotel reservation platform companies should strictly abide by the bottom line of the law, adhere to fair competition, strengthen compliance management, and promote the healthy development of industry standards.

The meeting demanded that all platform companies should strictly abide by the “Anti-Monopoly Law of the People's Republic of China”, “Anti-Unfair Competition Law of the People's Republic of China”, “E-Commerce Law of the People's Republic of China”, and “Tourism Law of the People's Republic of China”, etc., and use case as a guide, compare and self-check, and consciously prevent and resolve “internal issues” and competitive risks such as exclusive cooperation and “the lowest price on the entire network”. It is necessary to enhance awareness of compliance, establish a firm bottom line for compliant management and safe development, improve long-term compliance mechanisms, jointly create a market order with high quality, high prices and healthy competition, effectively safeguard the legitimate rights and interests of consumers, and promote the win-win development of various players within the platform ecosystem.

Leaders of platform companies such as Meituan, Douyin, JD, Ctrip, Tongcheng, and Flying Pig, as well as relevant responsible comrades from market supervision departments in Beijing, Shanghai, Jiangsu, Zhejiang and other places attended the conference.

This article was selected from the WeChat account “The City Speaks New Words”, Zhitong Finance Editor: Xu Wenqiang.