BEIJING, April 26 (Reuters) - China's market regulator said on Monday that it has launched an antitrust investigation into food delivery giant Meituan , the latest target in a widespread crackdown on the country's sprawling internet economy.
The State Administration for Market Regulation said in a statement that its investigaton is focused on the practice whereby a company forces vendors to use their platform exclusively.
Meituan said that it will actively cooperate with the regulatory authorities to investigate, further improve the level of business compliance management, protect the legitimate rights and interests of users and all parties, promote the long-term healthy development of the industry, and earnestly fulfill its social responsibility.
Meituan said that at present the company's business is running normally.
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