Liang Tao, vice chairman of the China Insurance Regulatory Commission (CIRC), said earlier that the scale and profitability of large internet companies are much higher than those of other small and medium-sized competitors. The phenomenon of winner take-all is more prominent in the area of insurance technology fields. Judging from the recent development trend, small and medium-sized competitors are either compiled or squeezed out of the market. Regulators must crack down on acts of unfair competition and prevent monopolies from infringing on the public interest and disturbing the normal financial order. This is the first time CIRC explicitly mentioning the issue of monopoly in the Internet companies.