Two departments: Prevent cutthroat competition in the online hotel booking platform service industry and foster a healthy competitive market order.

On September 15, the State Administration for Market Regulation, together with the Ministry of Culture and Tourism, held an administrative guidance meeting for the online hotel booking platform service industry. The meeting required that platform enterprises strictly comply with the Anti-Monopoly Law of the People's Republic of China, the Anti-Unfair Competition Law of the People's Republic of China, the E-Commerce Law of the People's Republic of China, the Tourism Law of the People's Republic of China and other legal provisions, learn from cases, conduct self-examination against them, and consciously prevent and resolve "involution" problems and competition risks such as exclusive cooperation and "lowest prices across the entire network." They must enhance compliance awareness, firmly uphold the bottom line of compliant operations and safe development, improve long-term compliance mechanisms, jointly create a market order of high quality at reasonable prices and benign competition, effectively safeguard the lawful rights and interests of consumers, and promote win-win development among multiple entities in the platform ecosystem. The original text is as follows: The State Administration for Market Regulation, together with the Ministry of Culture and Tourism, held an administrative guidance meeting for the online hotel booking platform service industry On September 15, the State Administration for Market Regulation, together with the Ministry of Culture and Tourism, held an administrative guidance meeting for the online hotel booking platform service industry to guide platform enterprises in the industry to strictly implement their primary responsibilities for compliance, prevent and resolve industry competition risks, and maintain a healthy and orderly tourism market environment. The meeting pointed out that fair competition is the legal cornerstone of the market economy, and compliant operations are the lifeline of enterprise development. In recent years, China's online hotel booking platform service industry has developed rapidly, playing a positive role in facilitating people's lives and promoting tourism consumption. At the same time, competition risks cannot be ignored. As key entities in the industry, online hotel booking platform enterprises should strictly observe the legal bottom line, adhere to fair competition, strengthen compliance management, and promote the standardized and healthy development of the industry. The meeting required that platform enterprises strictly comply with the Anti-Monopoly Law of the People's Republic of China, the Anti-Unfair Competition Law of the People's Republic of China, the E-Commerce Law of the People's Republic of China, the Tourism Law of the People's Republic of China and other legal provisions, learn from cases, conduct self-examination against them, and consciously prevent and resolve "involution" problems and competition risks such as exclusive cooperation and "lowest prices across the entire network." They must enhance compliance awareness, firmly uphold the bottom line of compliant operations and safe development, improve long-term compliance mechanisms, jointly create a market order of high quality at reasonable prices and benign competition, effectively safeguard the lawful rights and interests of consumers, and promote win-win development among multiple entities in the platform ecosystem. Responsible persons from platform enterprises such as Meituan, Douyin, JD.com, Ctrip, Tongcheng, and Fliggy, as well as relevant responsible persons from market regulation departments in Beijing, Shanghai, Jiangsu, Zhejiang and other places, attended the meeting. This article is excerpted from the "Shishuo Xinyu" WeChat public account, GMTEight editor: Xu Wenqiang.