China publishes draft competition rules for online platforms

BEIJING/SHANGHAI (Reuters) – China’s market regulator on Tuesday published draft rules aimed at preventing monopolistic behavior by internet platforms, in a move that will increase scrutiny on the country’s e-commerce marketplaces and payment services.

China’s State Administration for Market Regulation (SAMR), which issued the draft, said it wanted to prevent platforms from dominating the market or from adopting methods aimed at blocking fair competition.

The definitions it provided for internet platforms mean the new rules could apply to e-commerce sites, such as Alibaba Group’s Taobao and Tmall marketplaces or JD.com <9618.HK> , as well as payment services like Ant Group’s <688688.SS> <6688.HK> Alipay or Tencent Holding’s <0700.HK> WeChat Pay.

The draft rules would also consider whether a transaction treats different customers in different ways based on big data, payment ability, consumption preferences, and usage habits, according to the statement from SAMR.

They come after China’s Financial Stability and Development Committee,

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Visa rules forcing migrant NHS workers to leave UK amid Covid second wave

Migrant healthcare workers are having to return to their countries of origin, potentially hampering Britain’s response to the second wave of coronavirus, after the expiry of visas to support the NHS, trade unions and charities have warned.



a person sitting on a bed: Photograph: Hannah McKay/AFP/Getty Images


© Provided by The Guardian
Photograph: Hannah McKay/AFP/Getty Images

Unison has called on the government to stop forcing out key workers in the health and care sectors and to stop barring potential new ones from coming to work here.

Along with key workers forced to return to their home countries, many who are still in the UK are struggling to renew their visas due to delays and prohibitive costs and have become overstayers as a result, something which can further hamper their ability to renew their visas.

Unison says that the policy is having a serious impact during the second wave of the pandemic and at a time when there are 122,000 vacancies

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Ohio Supreme Court rules state cannot charge fee when collecting business tax

State lawmakers improperly imposed fees on local governments for the administration of the state’s centralized tax collection program, the Ohio Supreme Court ruled Thursday, Nov. 5.

The court ruled that the authority to create the centralized system for the collection of all municipal business income taxes, which the Ohio General Assembly did with Ohio House Bill 49 in 2017, does not violate home rule powers as defined in the state’s constitution, but a fee associated with the tax collection does.

The ruling stems from lawsuits brought by more than 100 municipalities, including Akron and Athens, that argued the Ohio Legislature did not have the authority to abolish all municipal income tax collection ordinances, to force local governments to adopt a uniform statewide program, and to charge an administrative fee.

Before the 2017 law, businesses filed returns and paid taxes directly to the municipalities or with tax services — for instance,

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Bay Area tech giants fight new Trump administration rules

The Bay Area’s technology giants, heavily reliant on foreign workers, have joined the legal fight against the Trump administration’s new rules for the H-1B visa.



a person reading a book: MERCURY NEWS PHOTO BY MERI SIMON    7/18/2000     Asif Siddique goes through a pile of papers containing his visa and other immigration documents. He has been working in the U.S. on an H-1B visa but his visa expired before he was approved for a green card. He can no longer work in the U. S. but he stays here while he waits hoping to get his green card.  Siddique has been in the US since 1987. He went to school at Ohio State University. He is originally from Pakistan.


© Provided by Mercury News
MERCURY NEWS PHOTO BY MERI SIMON 7/18/2000 Asif Siddique goes through a pile of papers containing his visa and other immigration documents. He has been working in the U.S. on an H-1B visa but his visa expired before he was approved for a green card. He can no longer work in the U. S. but he stays here while he waits hoping to get his green card. Siddique has been in the US since 1987. He went to school at Ohio State University. He is originally from Pakistan.

Google, Apple, Facebook, HP, Twitter and LinkedIn are among 46 companies and business groups that signed on to a “friend of the court” brief in a lawsuit fighting the regulations on minimum

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A close race on Proposition 15 to loosen California’s business property tax rules

The sun sets beyond downtown Los Angeles in January 2011. Los Angeles is vying to be the sole American bidder for the 2024 Summer Games.
Large commercial properties would face higher property taxes under Proposition 15. (Mark J. Terrill / Associated Press)

The fate of Proposition 15, an effort to remove high-value business properties from the low-tax protections enacted by California voters more than four decades ago, was unclear in early election returns Tuesday, after an expensive and fierce campaign over how much to spend on government services and the economic effects of raising taxes.

The ballot measure was opposed by a razor-thin majority with more than 9.5 million ballots counted, a shortfall that was far from certain with millions of votes left to count.

The ballot measure seeks to curtail the rules governing property taxes that were established by Proposition 13 in 1978, which set the annual levy at 1% of a property’s value and allows only small adjustments to the assessed value until there is a change in ownership. Those strict limits apply

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These Central Illinois elected officials are pushing back against new COVID rules | Business

For bars and restaurants, restrictions will include no indoor service, all outdoor service ending at 11 p.m., all patrons seated at tables outside, and tables 6 set feet apart. Meetings and social gatherings are limited to 25 people or 25% of room capacity.

COVID-19 Illinois: New cases per day

Nord said he has heard from a number of bar and restaurant owners.

“Some are going to stay open until the state shuts them down,” he said. “They are worried about their employees, because if they have to shut down, their employees are not going to get the hours and if they have to close down long enough, that means they may have to dump inventory and that means they may not open again because it is expensive to that.”

Region 2, which includes Bloomington-Normal, was the last public health area to be placed under additional restrictions. Last week, it was

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China issues draft rules to regulate online micro-lending business

Writes through with details, backgrounds

BEIJING, Nov 3 (Reuters)China’s central bank and regulators issued draft rules on Monday to boost the oversight of online micro-lending as it tries to rein in rising debt levels in the coronavirus-hit economy.

The draft rules from the People’s Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) seek to increase the bar for micro-lenders to be able to provide online loans directly to consumers or jointly with banks, while limiting the amount they can lend.

Regulators are sharpening their focus on banks that heavily use micro-lenders or third-party technology platforms like Ant Group 688688.SS, 6688.HK to underwrite consumer loans, amid fears of rising defaults and deteriorating asset quality. Chinese banks’ consumer loans sourced via tech firms reached 1.43 trillion yuan ($213.71 billion) as of end-June, according to the PBOC.

The draft, which is open for public

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Business Rules Management Market Research Report by Component, by Industry, by Deployment – Global Forecast to 2025

Business Rules Management Market Research Report by Component (Service and Software), by Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, and Consumer Goods & Retail), by Deployment – Global Forecast to 2025 – Cumulative Impact of COVID-19

New York, Oct. 27, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Business Rules Management Market Research Report by Component, by Industry, by Deployment – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913695/?utm_source=GNW

The Global Business Rules Management Market is expected to grow from USD 951.41 Million in 2019 to USD 1,782.10 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.02%.

Market Segmentation & Coverage:
This research report categorizes the Business Rules Management to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Component, the Business

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New poll shows tight races for California propositions to change app-based driver rules, business property taxes

A new statewide poll finds a sharp decline in the number of voters undecided on Proposition 22, an effort to designate drivers who work for app-based companies as independent contractors, but provides no clear hint at the outcome as election day nears.



a group of people holding signs: App-based driver Teresa Mercado, right, joins members of the Mobile Workers Alliance, which consists of Uber and Lyft drivers, protesting at the home of Uber co-founder Garrett Camp in Beverly Hills in 2019. (Genaro Molina / Los Angeles Times)


© Provided by The LA Times
App-based driver Teresa Mercado, right, joins members of the Mobile Workers Alliance, which consists of Uber and Lyft drivers, protesting at the home of Uber co-founder Garrett Camp in Beverly Hills in 2019. (Genaro Molina / Los Angeles Times)

The poll also offers little certainty about Proposition 15, the plan to loosen California’s long-standing limits on commercial property taxes. A plurality of voters back both proposals in the poll released Monday by UC Berkeley’s Institute of Governmental Studies, but the lead is relatively narrow — and in the case of the tax increase, the level of support remains unchanged since last month.

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