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On the 10th, the State Administration for Market Regulation held a press conference, at which it provided information on the recent public hearing held by the administration regarding Meituan's acquisition of Maiyada equity. This was China's first public hearing in a concentration of undertakings review, and all parties at the hearing fully expressed their views, achieving the expected results. Meituan's acquisition of Maiyada equity was China's first concentration of undertakings case in the platform sector that did not meet the filing thresholds stipulated by the State Council but was required to be filed in accordance with the law. According to Xie Fang, deputy director of the Second Antimonopoly Bureau of the State Administration for Market Regulation, upon review, the concentration may have the effect of eliminating or restricting competition in China's domestic delivery aggregation platform services market, may affect small and medium-sized merchants' independent choice of delivery capacity, and may crowd out other third-party delivery capacity providers; at the same time, the concentration further strengthens Meituan's market control in China's domestic online food delivery platform and instant retail service platform markets, and may raise barriers to entry in the relevant markets. The State Administration for Market Regulation promptly informed the filing party of the review opinion that this case may have the effect of eliminating or restricting competition, and the filing party submitted a conditional commitment proposal. (Xinhua News Agency).