China Beefs Up Antimonopoly Body Amid Regulatory Push

China’s antitrust watchdog is beefing up its senior ranks as authorities step up efforts to rein in the country’s powerful technology companies, the Wall Street Journal reported. Dong Hongxia will take on a new role as a third deputy director-general of the Antimonopoly Bureau, part of the powerful State Administration for Market Regulation. Ms. Dong, currently director of a division responsible for reviewing mergers, is an expert on antitrust issues and a frequent speaker at seminars and events. The appointment, expected to take effect in the coming months, would mark the first time that the bureau has three deputy director-generals at once—a reflection of the agency’s growing clout. Several low-to-mid-level officials will be added to the bureau’s merger-review divisions as it expands its reach and resources in the widening antitrust crackdown. Read more. (Subscription required.)
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