Browsing Tag:regulators

alibaba-faces-2-8-billion-fine-from-chinese-regulators
China announced on Saturday that it had fined e-commerce titan Alibaba a record $ 2.8 billion for monopoly business practices. This was the government's toughest move to date in its campaign to tighten regulation of the country's internet giants.Beijing's market watchdog began investigating Alibaba for possible antitrust violations in December, including preventing vendors from selling their goods on...
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