Yin Tong
Inadequate supervision and lack of legal basis for supervision can be said to be an important reason for the “wild growth” of the platform economy and various problems in recent years. However, with the promulgation of relevant laws and the integration of anti-monopoly supervision departments, these problems have basically above has been resolved.
The background of shareholders of Internet platform companies is very complicated, and the pursuit of capital is to maximize profits, which has also led to a high incidence of violations of laws and regulations on Internet platforms. In addition, these Internet platforms also feel that they are “too big to fail”, and some rely on their contributions to the Chinese economy to compete with the regulatory authorities. It’s amazing to come.
In terms of policy, the direction of the private economy and the platform economy has recently changed. In the Central Economic Work Conference, it was proposed that “the requirement for equal treatment of state-owned and private enterprises should be put down from the system and law…to protect the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law”, which means that the private economy will have more friendly laws and regulations in the future. Institutional environment, for private enterprises and platform economy, in addition to maximizing the interests of shareholders, it is necessary to better think about how to balance corporate social responsibilities.
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