Economic Daily discusses Kuaishou's heavy punishment: it's not just Kuaishou that's being hit.

A fine of 26.6929 million yuan! Recently, the State Administration for Market Regulation announced the punishment result for the operating entity of the Kuaishou e-commerce platform, Chengdu Kuaigou Technology Co., Ltd., shaking the entire platform economy sector with the severity of the punishment and the details of the case. The punishment of Kuaishou shows the strength of normalized supervision of live e-commerce. With the advancement of regulatory technology, the loophole that platforms use complex business models and asymmetric information to evade responsibility has been blocked. No platform can use "exploring new models" as an excuse to ignore consumer rights, disrupt market fairness, and challenge legal bottom lines. The punishment of Kuaishou was expected. As the saying goes, "Listen to the sound of speech, listen to the sound of gongs and drums," the heavy punishment of Kuaishou and being singled out by regulatory authorities as a typical case for criticism, it is not just Kuaishou being targeted. Ultimately, the ailment of Kuaishou is a common problem in the industry, or a long-standing chronic disease. Now, it has taken the bitter medicine on behalf of the industry. Although the medicine is bitter, it is a good medicine for treating the disease. Other companies can also follow suit and take their medicine.