Tag : State Administration for Market Regulation (SAMR)

BUSINESS

China Fine Alibaba for $2.75 Billion on Anti-Monopoly Violations

NileshApril 10, 2021April 10, 2021

by NileshApril 10, 2021April 10, 202101747

Chinese regulators have fined Alibaba Group Holding Ltd $2.75 billion for violating anti-monopoly rules and abusing its dominant market position, marking the highest ever antitrust...