The subsidiary of a listed company and the controlling shareholder of the listed company are in the same format, is it considered as horizontal competition?

There is a simple reason. For example, a listed company sells TV sets. If the controlling shareholder (actual controller) of this company establishes a new company (brother company) next to the listed company, it also sells TV sets. What do you think? Suppose these two companies are subsidiaries that sell TV sets, and there are conflicts in the procurement and sales of raw materials. How can they grab customers? From the perspective of the controlling shareholder, should we protect the interests of the listed company or another company? In many cases before, controlling shareholders tended to be partial to new companies. Why? Because 0/00% of the interests of the new company/KLOC-is the controlling shareholder, the interests of listed companies are shared with other shareholders (including stock market investors). Therefore, in order to protect the interests of investors in listed companies, the law stipulates that controlling shareholders, their subsidiaries and affiliated enterprises shall not engage in business that competes with listed companies in the same industry, so as to avoid the above situation. If you want to be the controlling shareholder of a listed company, you must support the business of the listed company wholeheartedly. There can't be another mountain.