# platform%20regulation
Latest news and articles about platform%20regulation
Total: 14 articles found
China’s Platforms Tell on Restaurants: The End of ‘Underreported’ Revenues for Small Eateries
A June 2025 rule forcing internet platforms to report merchant transaction data, combined with China’s Gold Tax Phase IV, has enabled tax authorities to reconcile platform receipts with restaurants’ declared sales. Small eateries that historically underreported income through cash sales and shared food‑court licensing now face retroactive tax bills, forced licensing, and a surge in compliance costs. The policy aims to broaden the tax base and curb unhealthy price competition but risks short‑term closures and consolidation in the sector.
China Turns the Screws on Live‑Stream Commerce: Platforms to Bear Whole‑Chain Responsibility
China’s market regulator announced an escalation in live‑stream e‑commerce oversight, insisting platforms act as gatekeepers and promoting a ‘one case, three investigations’ enforcement model. The measures include tougher verification, a national platform standard, targeted inspections of counterfeit and deceptive practices, and new tools that can limit a streamer’s traffic or suspend broadcasts.